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Blossom Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 8,000 March 4,000 February
Blossom Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 8,000 March 4,000 February 6,400 April 3,200 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 3,200 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. Produced rials Per Unit Is Needed for Production Desired Ending Direct Materials (Pounds) als Required Beginning Direct Materials (Pounds) rials Purchases und if Direct Materials Purchases Direct Materials Purchases Budget For the Quarter Ending March 31, 2022 January February March
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