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Delightal Corporation has the following sales budget for the selected six-month period: Company policy is to have an ending inventory of finished product equal to

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Delightal Corporation has the following sales budget for the selected six-month period: Company policy is to have an ending inventory of finished product equal to 20 percent of the sales in units for the next month. Five pounds of material are required for each unit produced. Each pound of material costs $10. The ending inventory level for material should equal 30 percent of the production needs for the next month. Required: 1. Prepare a production budget in units for October, November, and December. 2. Prepare a material purchases budget in pounds and dollars for October, November, and December

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