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Crest Products expects the following salos of as single product: Required: Crest has an ending finished goods imventory policy of 30% of the next monthis
Crest Products expects the following salos of as single product: Required: Crest has an ending finished goods imventory policy of 30% of the next monthis sales needs. September 1 imventory is projected to be 6.300 units. Each finished unit requires 2 units of Component X and 3 units of Component Z. August 1 materials imventory includes 4.000 uniss of Component X and 188,000 units of Component Z. Crest desires to maintain a Component X inventory equal to 10 s of riext month's production needs and a Component Z imentory equal to 20s of next month's prodoction needs 8. Prepare a production budget for Crest for the quarter ending December 31, Prepare a direct materials purchases budget for Component Z for quarter ending December 31. Assume a desired ending inventory for Component Z of 11.000 units at December 31 , and a constant unit cost of $4 per 1D
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