Allison Inc

Sales Budget
For The Coming Year

Month
January Feb March Total
Unit Rp 40,000 Rp 50,000 Rp 60,000 Rp 150,000
X Selling Price Rp 205 Rp 205 Rp 205 Rp 205
Sales Rp 8,200,000 Rp 10,250,000 Rp 12,300,000 Rp 30,750,000

Allison Inc
Production Budget
For The Coming Year

Month
January Feb March Total
Sales (schedule 1) Rp 40,000 Rp 50,000 Rp 60,000 Rp 150,000
Desired ending inventory Rp 40,000 Rp 48,000 Rp 48,000 Rp 48,000
Total needs Rp 80,000 Rp 98,000 Rp 108,000 Rp 198,000
Less: Beginning inventory Rp 32,000 Rp 40,000 Rp 48,000 Rp 32,000
Unit to be produced Rp 48,000 Rp 58,000 Rp 60,000 Rp 166,000

Allison Inc
Direct Material Budget
For The Coming Year

Month
 January Feb March
Metal Component Metal Component Metal
Unit to be produced (schedule 2) Rp 48,000 Rp 48,000 Rp 58,000 Rp 58,000 Rp 60,000
X Direct materials 10 6 10 6 10
Prosuction needs Rp 480,000 Rp 288,000 Rp 580,000 Rp 348,000 Rp 600,000
Desired ending direct materials Rp 290,000 Rp 174,000 Rp 300,000 Rp 180,000 Rp 308,000
Total needs Rp 770,000 Rp 462,000 Rp 880,000 Rp 528,000 Rp 908,000
Less: Beginning direct materials Rp 240,000 Rp 144,000 Rp 290,000 Rp 174,000 Rp 300,000
Total direct material to be purchased Rp 530,000 Rp 318,000 Rp 590,000 Rp 354,000 Rp 608,000
X cost per unit 8 5 8 5 8
Total cost direct material Rp 4,240,000 Rp 1,590,000 Rp 4,720,000 Rp 1,770,000 Rp 4,864,000

Allison Inc
Direct Labor Budget
For The Coming Year

Month
Jan Feb March Total
Unit to be produced Rp 48,000 Rp 58,000 Rp 60,000 Rp 166,000
Direct labor time Per unit (hour) 3 3 3 3
Total hour need Rp 144,000 Rp 174,000 Rp 180,000 Rp 498,000
Average wage per hour 14.25 14.25 14.25 14.25
Total direct labor Rp 2,052,000 Rp 2,479,500 Rp 2,565,000 Rp 7,096,500

Allison Inc
Overhead Budget
For The Coming Year
 Month
Jan Feb March Total
Budgeted direct labor (schedule 4) Rp 144,000 Rp 174,000 Rp 180,000 Rp 498,000
X Variable overhead 2.4 2.4 2.4 2.4
Budgeted variable overhead Rp 345,600 Rp 417,600 Rp 432,000 Rp 1,195,200
Budgeted fixed overhead Rp 338,000 Rp 338,000 Rp 338,000 Rp 1,014,000
Total overhead Rp 683,600 Rp 755,600 Rp 770,000 Rp 2,209,200

Allison Inc
Selling and Administrative Expenses Budget
For the Coming Year

Months
January February March Total
Planned sales in units 40,000 50,000 60,000 150,000
Variable sales and administrative exp 3.60 3.60 3.60 3.60
Total variable expense 144,000 180,000 216,000 540,000
Fixed selling and administrative exp
Salaries 50,000 50,000 50,000 150,000
Depreciation 40,000 40,000 40,000 120,000
Other 20,000 20,000 20,000 60,000
Total fixed expense 110,000 110,000 110,000 330,000
Total selling and administrative exp 254,000 290,000 326,000 870,000

Allison Inc.
Unit Production Cost
 For the Coming Year

Direct materials
Cost metal (10x8) 80
Cost component (6x5) 30
Total direct material 110
Direct labor (3x14,25) 43
Overhead
Variable (3x2,4) 7.2
Fixed (1.014.000/7.096.500)x3 6.11
Total unit cost 166.06

Allison Inc.
Ending Finished Goods Inventory Budget
For the Coming Year

Subassembly 48,000
Unit cost 166.06
Total ending inventory 7,970,804.82

Allison Inc.
Cost of Goods Sold Budget
For the Coming Year

Direct materials used 18,260,000.00

Direct labor used 7,096,500.00
Overhead 2,209,200.00
Budgeted manufacturing costs 27,565,700.00
Beginning finnished goods (32.000x166,06) 5,313,920.00
Cost of goods avaliable for sale 32,879,620.00
Less: ending finished goods 7,970,804.82
Budgeted cost of goods sold 24,908,815.18

Allison Inc.
Budgeted Income Statement
For the Coming Year

Sales 30,750,000.00
Less: cost of goods sold 24,908,815.18
Gross margin 5,841,184.82
Less: selling and administrative expense 870,000.00
Operating income 4,971,184.82
Less: interest expense (50.000x0,12x6/12) 3,000.00
Income before income taxes (a) 4,968,184.82
Less: income taxes -
Net income 4,968,184.82

Allison Inc.
Cash Budget
For the Coming Year
Months
January February March Total
Beginning cash balance 400,000 70,400 545,300 400,000
Cash sales and collection on account 8,200,000 10,250,000 12,300,000 30,750,000
Total cash balance 8,600,000 10,320,400 12,845,300 31,150,000
Less: disbursement
Pyments for:
Raw materials 5,830,000 6,490,000 6,688,000 19,008,000
Direct labor 2,052,000 2,479,500 2,565,000 7,096,500
Overhead 483,600 555,600 570,000 1,609,200
Selling and administrative expense 214,000 250,000 286,000 750,000
Income taxes - - - -
Equipment - - - -
Total disbursement 8,579,600 9,775,100 10,109,000 28,463,700
Excess (deficiency) of cash avaliable 20,400 545,300 2,736,300 2,686,300
Financing
Borrowings 50,000 - - 50,000
Repayments - - (50,000) (50,000)
Interest - - (1,500) (1,500)
Total Financing 50,000 - (51,500) (1,500)
Ending cash balance 70,400 545,300 2,684,800 2,684,800
 Allison Manufacturing
Production Budget
Total
March Total For the Coming Year
Component Metal Component April
Rp 60,000 Rp 166,000 Rp 166,000 Sales (schedule 1) Rp 60,000
6 10 6 Desired ending inventory Rp 49,600
Rp 360,000 Rp 1,660,000 Rp 996,000 Total needs Rp 109,600
Rp 184,800 Rp 308,000 Rp 184,800 Less: Beginning inventory Rp 48,000
Rp 544,800 Rp 1,968,000 Rp 1,180,800 Unit to be produced Rp 61,600
Rp 180,000 Rp 240,000 Rp 144,000 Metal Rp 616,000
Rp 364,800 Rp 1,728,000 Rp 1,036,800 Coponent Rp 369,600
5 8 5
Rp 1,824,000 Rp 13,824,000 Rp 5,184,000
 Allison Inc
Production Budget

Month April
January Feb March Total
Sales (schedule 1) Rp 40,000 Rp 50,000 Rp 60,000 Rp 150,000
Desired ending inventory Rp 40,000 Rp 48,000 Rp 48,000 Rp 48,000
Total needs Rp 80,000 Rp 98,000 Rp 108,000 Rp 198,000
Less: Beginning inventory Rp 32,000 Rp 40,000 Rp 48,000 Rp 32,000
Unit to be produced Rp 48,000 Rp 58,000 Rp 60,000 Rp 166,000
Rp 60,000
 Allison Inc
Direct Material Budget

Month
January Feb
Metal Component Metal Component
Unit to be produced (schedule 2) Rp 48,000 Rp 48,000 Rp 58,000 Rp 58,000
X Direct materials 10 6 10 6
Prosuction needs Rp 480,000 Rp 288,000 Rp 580,000 Rp 348,000
Desired ending direct materials Rp 290,000 Rp 174,000 Rp 300,000 Rp 180,000
Total needs Rp 770,000 Rp 462,000 Rp 880,000 Rp 528,000
Less: Beginning direct materials Rp 240,000 Rp 144,000 Rp 290,000 Rp 174,000
Total direct material to be purchased Rp 530,000 Rp 318,000 Rp 590,000 Rp 354,000
X cost per unit 8 5 8 5
Total cost direct material Rp 4,240,000 Rp 1,590,000 Rp 4,720,000 Rp 1,770,000
dget

h
March Total
Metal Component Metal Component Sales (schedule 1)
Rp 60,000 Rp 60,000 Rp 166,000 Rp 166,000 Desired ending inventory
10 6 10 6 Total needs
Rp 600,000 Rp 360,000 Rp 1,660,000 Rp 996,000 Less: Beginning inventory
Rp 308,000 Rp 184,800 Rp 308,000 Rp 184,800 Unit to be produced
Rp 908,000 Rp 544,800 Rp 1,968,000 Rp 1,180,800 Metal
Rp 300,000 Rp 180,000 Rp 240,000 Rp 144,000 Coponent
Rp 608,000 Rp 364,800 Rp 1,728,000 Rp 1,036,800
8 5 8 5
Rp 4,864,000 Rp 1,824,000 Rp 13,824,000 Rp 5,184,000
 April
Rp 60,000
Rp 49,600
Rp 109,600
Rp 48,000
Rp 61,600
Rp 616,000
Rp 369,600
 Allison Inc
Direct Labor Budget

Month
Jan Feb March Total
Unit to be produced Rp 48,000 Rp 58,000 Rp 60,000 Rp 166,000
Direct labor time Per unit (hour) 3 3 3 3
Total hour need Rp 144,000 Rp 174,000 Rp 180,000 Rp 498,000
Average wage per hour 14.25 14.25 14.25 14.25
Total direct labor Rp 2,052,000 Rp 2,479,500 Rp 2,565,000 Rp 7,096,500
 Allison Inc
Overhead Budget

Month
Jan Feb March Total
Budgeted direct labor (schedule 4) Rp 144,000 Rp 174,000 Rp 180,000 Rp 498,000
X Variable overhead 2.4 2.4 2.4 2.4
Budgeted variable overhead Rp 345,600 Rp 417,600 Rp 432,000 Rp 1,195,200
Budgeted fixed overhead Rp 338,000 Rp 338,000 Rp 338,000 Rp 1,014,000
Total overhead Rp 683,600 Rp 755,600 Rp 770,000 Rp 2,209,200

Allison Manufacturing
Direct Labor Budget
For the Coming Year
Months
January February March Total
Unit to be produced #REF! #REF! #REF! #REF!
Direct labor time per unit in hours 3 3 3 3
Total hours needed #REF! #REF! #REF! #REF!
Average wage per hour 14.25 14.25 14.25 14.25
Total direct labor cost #REF! #REF! #REF! #REF!