Carla Vista Industries has adopted the following production budget for the first 4 months of 2022. Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31,2021 , the ending raw materials irventory was 3,840 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. CARLA VISTA INDUSTRIES Direct Materlals Purchases Budget Total Direct Labor Cost Desired Ending Direct Materials (Pounds) Direct Materials Per Unit Total Required Direct Labor Hours Units to be Produced Total Cost of Direct Materials Purchases Besinning Direct Materiais (Pounds) Total Pounds Needed for Production Direct Labor Cost Per Hour Direct Labor Time Per Unit Total Materials Required Direct Materials Purchases Cost Per Pound January February Total Direct Labor Cost Desired Ending Direct Materials (Pounds) Direct Materials Per Unit Total Required Direct Labor Hours Units to be Produced Total Cost of Direct Materials Purchases Beginning Direct Materiais (Pounds) Total Pounds Needed for Production DirectLabor Cost Per Hour Direct Labor Time Per Unit Totail Materials Required Direct Materials Purchases Cost Per Pound eTextbook and Media CARLA VISTA INDUSTRIES Direct Materials Purchases Budget eTextbook and Media Smenterbater Attempts: 0 of 3 used Submit Answer Carla Vista Industries has adopted the following production budget for the first 4 months of 2022. Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31,2021 , the ending raw materials irventory was 3,840 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. CARLA VISTA INDUSTRIES Direct Materlals Purchases Budget Total Direct Labor Cost Desired Ending Direct Materials (Pounds) Direct Materials Per Unit Total Required Direct Labor Hours Units to be Produced Total Cost of Direct Materials Purchases Besinning Direct Materiais (Pounds) Total Pounds Needed for Production Direct Labor Cost Per Hour Direct Labor Time Per Unit Total Materials Required Direct Materials Purchases Cost Per Pound January February Total Direct Labor Cost Desired Ending Direct Materials (Pounds) Direct Materials Per Unit Total Required Direct Labor Hours Units to be Produced Total Cost of Direct Materials Purchases Beginning Direct Materiais (Pounds) Total Pounds Needed for Production DirectLabor Cost Per Hour Direct Labor Time Per Unit Totail Materials Required Direct Materials Purchases Cost Per Pound eTextbook and Media CARLA VISTA INDUSTRIES Direct Materials Purchases Budget eTextbook and Media Smenterbater Attempts: 0 of 3 used Submit
