CUIRRUS LIITUNUL SOULON Chegg.com Google Cevi BrambleCompany is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales. Sales for the year are expected to total 1,500,000 units. Quarterly sales are 22%, 23%, 24%, and 31%, respectively. The sales price is expected to be $38 per unit for the first three quarters and $45 per unit beginning in the fourth quarter. Sales in the first quarter of 2018 are expected to be 15% higher than the budgeted sales for the first quarter of 2017. Production Management desires to maintain the ending finished goods inventories at 25% of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $11 per pound Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2018 are 495,000 pounds. Prepare the sales budget by quarters for 2017, BRMBLE COMPANY Sales Budget For the Year Ending December 31, 2017 > Quarter 2 3 1 465,000 360.000 345.000 330,000 Expected unit sales 45 $ 45 $ 45 $ $ 38 Unit selling price 20.925.000 $ 16,000,000 $ 15.525.000 12.540,000 $ $ Total sales e Textbook and Media Jebook Solutions | Chegg.com Google Cevin Prepare the production budget by quarters for 2017, BRAMBLE COMPANY Production Budget For the Year Ending December 31, 2017 Quarter 1 2 3 cted Unit Sales 4 : Desired Ending Finished Goods Inventory Required Units .: Beginning Finished Goods Inventory lired Production Units e Textbook and Media Prepare the direct materials budget by quarters for 2017. BRAMBLE COMPANY Direct Materials Budget LLI 621-0) Alignment 2, Chapter 10, 11, 12, 13, 14, 15, 16 Search Textbook Solutions Chegg.com Google Cover Prepare the direct materials budget by quarters for 2017, BRAMBLE COMPANY Direct Materials Budget Quarter 1 2 3 5 $ I $ $ $ e Textbook and Media