ACC420 - Chapter #6: ASSIGNMENT TO BE SUBMITTED Month Unit Sales September 100,000 October 120,000 Delta Corporation's budgeted sales for the next six- month period are presented in the next column There were 20,000 units of fmished goods in inventory at the begimning of September. Plans are to have an inventory of finished products that equal 25% of the unit sales for the next month. Fifteen pounds of materials are required for each unit produced. Each pound of material costs $15. Inventory levels for materials are equal to 30% of the needs for the next month Materials inventory on September 1 was 15,000 pounds. November 180,000 December 140,000 January 160,000 February 120,000 Required a) Prepare production budgets in units for October November, and December b) Prepare a purchases budget in pounds for October, November, and December, and give total purchases in both pounds and dollars for each month