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can someone help with this managerial accounting problem that is all that is on the question. please do what u can and ill gove thumbs

can someone help with this managerial accounting problem
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that is all that is on the question. please do what u can and ill gove thumbs up
that is all that is on the question. please do what u can and ill gove thumbs up
The following information relates to a company that makes Product XYZ. Each unit requires four pounds of material D20. Inventory requirements are as follows: a. The finished goods Inventory on hand at the end of each month must be equal to 5,000 units plus 26% of the next month's sales. The finished goods inventory on March 31 is budgeted based on this requirement. b.The raw materials inventory on hand at the end of each month must be equal to one- half of the following month's production needs for raw materials. The raw materials inventory on March 31 for material D20 is budgeted based on this requirement. c. The company maintains no work in process inventories. A sales budget for the company for the second and third quarters of the year follows. Budgeted Sales in Units April 42,000 May 52,000 June 72,000 July 37,000 August 22,000 September 12.000 Required: 1. Prepare a production budget for the months April, May, June and July. Company Production Budget April May June July Budgeted sales Total needs Required production 3. Prepare a direct materials budget showing the quantity of material D20 to be purchased for April: May, June and for the quarter in total. Company XYZ Direct Materials Budget April May June Second Quarter Production needs (lbs) Total Material ABC needs Material ABC purchases

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