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Crane Company's sales budget projects unit sales of part 1982 of 12,600 units in January, 14,200 units in February, and 15,000 units in March. Each
Crane Company's sales budget projects unit sales of part 1982 of 12,600 units in January, 14,200 units in February, and 15,000 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Crane Company desires its ending raw materials inventory to equal 40 % of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2021. (a) Current Attempt in Progress Crane Company's sales budget projects unit sales of part 198Z of 12,600 units in January, 14,200 units in February, and 15,000 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Crane Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2021. (a) Your answer has been saved. See score details after the due date. Prepare a production budget for January and February 2022. Expected Unit Sales CRANE COMPANY Production Budget For the Month Ending January 31, 2022 Add Desired Ending Finished Goods Inventory January February 12600 14200 Activate Windows Go to Settings to activate Windows 2840 3000 Prepare a direct materials budget for January 2022. CRANE COMPANY Direct Materials Budget For the Month Ending January 31, 2022 Units To Be Produced Direct Material Pounds Per Unit January
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