#5

(i) prepare a direct materials budget for the (b) part.

Pharoah Company's sales budget projects unit sales of part 1987 of 11,200 units in January 12,800 units in February and 13,600 units in March. Each unit of part 1982 requires 4 pounds of materials, which cost $2 per pound. Pharoah 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, 2021 (a) Prepare a production budget for January and February 2022 PHAROAH COMPANY Production Budget January February Prepare a production budget for January and February 2022 PHAROAH COMPANY Production Budget January February