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Current Attempt in Progress Swifty Industries has adopted the following production budget for the first 4 months of 2025 Question 4 of 4 View Policies

image text in transcribed Current Attempt in Progress Swifty Industries has adopted the following production budget for the first 4 months of 2025

Question 4 of 4 View Policies Current Attempt in Progress Swifty Industries has adopted the following production budget for the first 4 months of 2025. Month January February Units 8,200 6,560 Month March April Units 4,100 3,280 Each unit requires 4 pounds of raw materials costing $6 per pound. On December 31, 2024, the ending raw materials inventory was 6,560 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. SWIFTY INDUSTRIES Direct Materials Purchases Budget For the Month Ending March 31, 2025 v January February March suppo

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