Bonita Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022.

		January		February		March		April		May
Estimated unit sales		13,920		16,240		15,080		12,760		12,760
Unit selling price		$50		$47.5		$47.5		$47.5		$47.5
Direct labor hours per unit		2.0		2.0		1.5		1.5		1.5
Direct labor cost per hour		$8.0		$8.0		$8.0		$9.0		$9.0

Bonita has a labor contract that calls for a wage increase to $9.0 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Bonita expects to begin the year with 20,416 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following months sales, plus 40% of the second following months sales.

(a)

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Your answer is partially correct.

Prepare a production budget for Bonita Company by month and for the first quarter of the year.

BONITA COMPANY Production Budget choose the accounting period For the Quarter Ending March 31, 2022March 31, 2022For the Year Ending March 31, 2022
		Jan		Feb		Mar		Total
select an opening production budget item Beginning InventoryRequired Production UnitsDirect Materials Per UnitSales in UnitsDesired Ending Direct MaterialsTotal Required UnitsDirect Materials PurchasesTotal Materials RequiredDesired Ending InventoryBeginning Direct Materials		enter a number of units		enter a number of units		enter a number of units		enter a number of units
select between addition and deduction AddLess: select a production budget item Total Required UnitsDirect Materials Per UnitTotal Materials RequiredSales in UnitsDesired Ending Direct MaterialsDirect Materials PurchasesBeginning Direct MaterialsDesired Ending InventoryBeginning InventoryRequired Production Units		enter a number of units		enter a number of units		enter a number of units		enter a number of units
select a summarizing line for the first part Total Required UnitsDesired Ending InventoryDesired Ending Direct MaterialsBeginning InventoryBeginning Direct MaterialsDirect Materials PurchasesRequired Production UnitsSales in UnitsDirect Materials Per UnitTotal Materials Required		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part
select between addition and deduction AddLess: select a production budget item Total Materials RequiredDesired Ending Direct MaterialsDesired Ending InventorySales in UnitsTotal Required UnitsRequired Production UnitsBeginning Direct MaterialsDirect Materials PurchasesBeginning InventoryDirect Materials Per Unit		enter a number of units		enter a number of units		enter a number of units		enter a number of units
Total Required Units Sales in UnitsDesired Ending Direct MaterialsRequired Production UnitsBeginning InventoryDirect Materials Per UnitDesired Ending InventoryBeginning Direct MaterialsTotal Required UnitsDirect Materials PurchasesTotal Materials Required		enter a total number of units		enter a total number of units		enter a total number of units		enter a total number of units