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Complete the production budget of Strong, Inc, for this coming year. Desired ending inventory is expected to be 10% of the next quarter's sales. They
Complete the production budget of Strong, Inc, for this coming year. Desired ending inventory is expected to be 10% of the next quarter's sales. They estimate the beginning inventory will be 180 units and the ending inventory for the year will be 300 units. Using the data from above, prepare the raw materials purchases budget of Strong, Inc. for this coming year. They require 3 ounces of materials per unit of product. Desired raw materials inventory is 25% of the next quarter's production needs. They estimate the beginning inventory will be 1,500 ounces and the ending inventory for the year will be 1,800 ounces. Each ounce is expected to cost $0.70
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