BIVE General a-A- == * Merge & Center Insert Delete - Clipboard LE - % 948 AY OM 15 Font Alignment Conditional Format as Cell Formatting Table Styles Styles Format Sort & Fim Filter - Sele B1 6 Number 5 f Celts Editing A E 2 Question 2 (19 Marks) F G H 1 K L M N 0 3 Franklin Products Limited manufactures and distributes a number of products to retailers. One of these products, SuperStick, requires four kilograms of material D236 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter-July, August, and September. Peak sales of SuperStick occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements: 4 5 a. 6 b. The finished goods inventory on hand at the end of each month must be equal to 8,350 units plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 22,420 units. The raw materials inventory on hand at the end of each month must be equal to 40% of the following month's production needs for raw materials. The raw materials inventory on June 30 for material D236 is budgeted to be 130,400 kilograms. The company maintains no work in process inventories. 7 8 . 9 A sales budget for SuperStick for the last six months of the year follows: 10 11 12 13 14 15 16 Month Budget Unit Sales July 60,700 August 75,350 September 1,05,700 October 53,350 November 30,350 December 15,140 17 18 Question 1 Question 2 Question 3 Ready u 1 Q O' . 2C Cloudy 0 hp