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Crest Products expects the following sales of its single product Required: Crest has an ending finished goods inventory policy of 30% of the next month's

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Crest Products expects the following sales of its single product Required: Crest has an ending finished goods inventory policy of 30% of the next month's sales needs. September 1 inventory is projected to be 5.700 units. Each finished unit requires 2 units of Component X and 3 units of Component Z August 1 materials inventory includes 4,000 units of Component X and 156.000 units of Component Z. Crest desires to maintain a Component X inventory equal to 10% of a. Prepare a production budget for Crest for the quarter ending December 31 . b. Prepare a direct materials purchases budget for Component Z for quarter ending December 31. Assume a desired ending inventory for Component Z of 15,000 units at December 31, and a constant unit cost of $4 per lb

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