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At the beginning of October, Comfy Cushions had 3,400 cushions and 8,500 pounds of raw materials on hand. Budgeted sales for the next three months

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At the beginning of October, Comfy Cushions had 3,400 cushions and 8,500 pounds of raw materials on hand. Budgeted sales for the next three months are Comfy Cushions wants to have sufficient raw materials on hand at the end of each month to meet 20% of the following month's production requirements and sufficient cushions on hand at the end of each month to meet 30% of the following month's budgeted sales. Four pounds of raw materials, at a standard cost of $1.10 per pound, are required to produce each cushion. Required a. Prepare a production budget for October and November. Do not use a negative sign with your answers. b. Prepare a purchases budget in units and dollars for October. Do not use a negative sign with your answers

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