Ayayai Industries has budgeted the following unit sales: 2022 Units 10,000 January February 7,000 March 8,500 April 11,000 May 14,000 The finished goods units on hand on December 31, 2021 was 2,000 units. Each unit of finished goods requires 2 pounds of direct materials that are estimated to cost an average of $4 per pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticipated sales. The company also has a policy of maintaining a direct materials Inventory at the end of each month equal to 30% of the pounds needed for the following month's production. There were 5,640 pounds of direct materials on hand at December 31, 2021 a (a) Your answer has been saved. See score details after the due date For the first quarter of 2022, prepare a production budget AYAYA INDUSTRIES Production Budget For the Quarter Ended March 31, 2022 January Lected units February 10,000 7.000 Desired ending the inventory 1400 1.700 For the first quarter of 2022, prepare a production budget. AYAYAIINDUSTRIES Production Budget For the Quarter Ended March 31, 2022 January February March Total 10,000 7.000 8,500 1.400 1,700 2.200 11.400 8.700 10.700 2.000 1,400 1.700 9.400 7.300 9.000 11.600 Attempts: 1 of 1 used (b) b) For the first quarter of 2022, prepare a direct materials budget. AYAYAIINDUSTRIES Direct Materials Budget January February > > $ $ $ Attempts: 0 of 1 used Submit Answer stion 14 15 Anemos AYAYAJINDUSTRIES Direct Material Bulent For Total 1 a 5 3: @ 2 3 % 5 4 . 0 > & 7 8 W N E R T T Y U S D F G H J C V * B N. Id