1 of 5 < > View Policies Show Attempt History Current Attempt in Progress 2.43/3 Fuqua Company's sales budget projects unit sales of part 1987 of 10,500 units in January, 12,900 units in February, and 13,800 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $5 per pound. Fuqua Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2019. (a) Your answer is correct. Prepare a production budget for January and February 2020. Expected Unit Sales FUQUA COMPANY Production Budget For the Two Months Ending February 28, 2020 Add Desired Ending Finished Goods Inventory January 10500 2580 February 1290 276 Question 1 of 5 Tay Your answer is correct. Prepare a production budget for January and February 2020. FUQUA COMPANY Production Budget For the Two Months Ending February 28, 2020 Expected Unit Sales Add Desired Ending Finished Goods Inventory Total Required Units January 10500 2580 13080 2.43/3 E February 1290 27 1566 Less Beginning Finished Goods Inventory 2100 i 2580 Required Production Units eTextbook and Media 10980 1308 Attempts: 1 of 5 used Question 1 of 5 < > Prepare a direct materials budget for January 2020. FUQUA COMPANY Direct Materials Budget For the Month Ending January 31, 2020 Units To Be Produced Direct Material Pounds Per Unit Total Pounds Needed for Production Add V Desired Pounds in Ending Materials Inventory Total Materials Required Less Beginning Direct Materials (Pounds) Direct Materials Purchases Cost Per Pound $ Total Cost of Direct Materials Purchases $ January 10980 3 32940