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1. Prepare a production budget of finished goods by month and in total for the three-month period of January to March from the following information:
1. Prepare a production budget of finished goods by month and in total for the three-month period of January to March from the following information: January 800,000 February 1000,000 March 1200,000 April 1600,000 Sales in Units The end of month inventories of finished goods must equal 25% of the next month's sales. 2. The raw material requirement for production in question 1 is 2.5 kg of raw material per of unit of finished goods. The production budget of finished goods in April is 1800,000 units. Use the answer of question 1 as the production budget of finished goods for January, February, and March. The end of month inventories of raw material must equal 20% of the next month's needs of raw material. The cost of raw material is TK 4 per kg. Prepare a raw material purchase budget by month and in total for the three-month period of January to March
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