Cozy Pillows makes decorative throw pillows for home use. The company sells the pillows to home decor retailers for $18 per pillow. Each pillow requires 1.10 yards of fabric, which the company obtains at a cost of $10 per yard. The company would like to maintain an ending stock of fabric equal to 10% of the next month's production requirements. The company would also like to maintain an ending stock of finished pillows equal to 15% of the next month's sales. Sales (in units) are projected to be as follows for the first three months of the year. (Click the icon to view the projected sales in units) for the first three months of the year.) Read the requirements Requirement 1. Prepare the sales budget, including a separate section that details the type of sales made. For this section, assume that 10% of the company's pillows are cash sales, and the remaining 90% are sold on credit terms. (Round your answers to the nearest whole number.) Cozy Pillows Sales Budget For the Quarter Ended March 31 January Unit sales February 342,000 3,078,000 March 351,000 3,159,000 1st Quarter 873,000 7,857,000 Unit selling price 3,420,000 Total sales revenue 3,510,000 8.730.000 Cash sales Credit sales Total sales Requirement 2. Prepare the production budget. Assume that the company anticipates selling 220,000 units in April. (Round your answers to the nearest whole number.) Cozy Pillows Production Budget For the Quarter Ended March 31 January February March 1st Quarter Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Enter any number in the edit fields and then continue to the next question. X Sath 11 151 TEST 030000 Tortended March Math Beginning inventory Een met een and the core the next question Type here to search BI 111 AM 8/15/2020 DOLL Cozy Pillows makes decorative throw pillows for home use. The company sells the pilows to home decor retailers for 518 per pillow. Each pillow requires 1.10 yards of fabric, which the com induction requirements. The company would also like to maintain an ending stock of finished pillows equal to 15% of the next month's sales Sales (in units) are projected to be as follows f Click the icon to view the projected sales (in units) for the first three months of the year) Road the requirements Requirement 2. Prepare the production budget. Assume that the company anticipates selling 220,000 units in April . (Round your answers to the nearest whole number) Cory Pillows Production Budget For the Quarter Ended March 31 January February March 1st Quarter Unit sales PlusDesired ending Inventory Total needed Less Beginning inventory Units to produce Requirement 3. Prepare the direct materials purchases budget Assume the company needs 240,000 yards of fabric for production in April Start by preparing the direct materials budget through the total quantity needed then complete the budget. (Round your answers to the nearest whole number) Cozy Pillows I Direct Materials Budget For the Quarter Ended March 31 January February March 1st Quarter Units to be produced Multiply by Quantity of direct materials needed per unit Quantity needed for production Desired ending inventory of direct materials Total quantity needed Beginning inventory of direct materials Plus Less Enter any number in the edit fields and then continue to the next question Save for Later Type here to search 0 N Read the requirements FOUTLET January February March 1st Quarter Unit sales Plus Desired ending Inventory Total needed Loss Beginning inventory Units to produce Requirement 3. Prepare the direct materials purchases budget. Assume the company needs 240,000 yards of fabric for production in April. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. (Round your answers to the nearest whole number) Cozy Pillows Direct Materials Budget For the Quarter Ended March 31 January February March 1st Quarter Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus Desired ending inventory of direct materials Total quantity needed Less Beginning inventory of direct materials Quantity to purchase Multiply by: Cost per pound Total cost of direct material purchases I Enter any number in the edit fields and then continue to the next question Save for Later Type here to search D I Cozy Pillows makes decorative throw pillows for home use. The company sells the pillows to home decor retailers for $18 per pillow. Each pillow requires 1.10 yards of fabric, which the company obtains at a cost of $10 per yard. The company would like to maintain an ending stock of fabric equal to 10% of the next month's production requirements. The company would also like to maintain an ending stock of finished pillows equal to 15% of the next month's sales. Sales (in units) are projected to be as follows for the first three months of the year. (Click the icon to view the projected sales in units) for the first three months of the year.) Read the requirements Requirement 1. Prepare the sales budget, including a separate section that details the type of sales made. For this section, assume that 10% of the company's pillows are cash sales, and the remaining 90% are sold on credit terms. (Round your answers to the nearest whole number.) Cozy Pillows Sales Budget For the Quarter Ended March 31 January Unit sales February 342,000 3,078,000 March 351,000 3,159,000 1st Quarter 873,000 7,857,000 Unit selling price 3,420,000 Total sales revenue 3,510,000 8.730.000 Cash sales Credit sales Total sales Requirement 2. Prepare the production budget. Assume that the company anticipates selling 220,000 units in April. (Round your answers to the nearest whole number.) Cozy Pillows Production Budget For the Quarter Ended March 31 January February March 1st Quarter Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Enter any number in the edit fields and then continue to the next question. X Sath 11 151 TEST 030000 Tortended March Math Beginning inventory Een met een and the core the next question Type here to search BI 111 AM 8/15/2020 DOLL Cozy Pillows makes decorative throw pillows for home use. The company sells the pilows to home decor retailers for 518 per pillow. Each pillow requires 1.10 yards of fabric, which the com induction requirements. The company would also like to maintain an ending stock of finished pillows equal to 15% of the next month's sales Sales (in units) are projected to be as follows f Click the icon to view the projected sales (in units) for the first three months of the year) Road the requirements Requirement 2. Prepare the production budget. Assume that the company anticipates selling 220,000 units in April . (Round your answers to the nearest whole number) Cory Pillows Production Budget For the Quarter Ended March 31 January February March 1st Quarter Unit sales PlusDesired ending Inventory Total needed Less Beginning inventory Units to produce Requirement 3. Prepare the direct materials purchases budget Assume the company needs 240,000 yards of fabric for production in April Start by preparing the direct materials budget through the total quantity needed then complete the budget. (Round your answers to the nearest whole number) Cozy Pillows I Direct Materials Budget For the Quarter Ended March 31 January February March 1st Quarter Units to be produced Multiply by Quantity of direct materials needed per unit Quantity needed for production Desired ending inventory of direct materials Total quantity needed Beginning inventory of direct materials Plus Less Enter any number in the edit fields and then continue to the next question Save for Later Type here to search 0 N Read the requirements FOUTLET January February March 1st Quarter Unit sales Plus Desired ending Inventory Total needed Loss Beginning inventory Units to produce Requirement 3. Prepare the direct materials purchases budget. Assume the company needs 240,000 yards of fabric for production in April. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. (Round your answers to the nearest whole number) Cozy Pillows Direct Materials Budget For the Quarter Ended March 31 January February March 1st Quarter Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus Desired ending inventory of direct materials Total quantity needed Less Beginning inventory of direct materials Quantity to purchase Multiply by: Cost per pound Total cost of direct material purchases I Enter any number in the edit fields and then continue to the next question Save for Later Type here to search D