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direct materials budget Oriole Company's sales budget projects unit sales of part 1982 of 8,800 units in January 10,400 units in February, and 11,200 units

direct materials budget
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Oriole Company's sales budget projects unit sales of part 1982 of 8,800 units in January 10,400 units in February, and 11,200 units in March. Each unit of part 1987 requires 4 pounds of materials, which cost $2 per pound. Oriole Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2021. (a) Your answer is correct Prepare a production budget for January and February 2022 a ORIOLE COMPANY Production Budget For the Two Months Ending February 28, 2022 January February 3800 10406 Expected Unit Sale 2000 224 Mid : Desired Ending Finished Goods Inventory 1000 Total Required 1760 3000 Bemininished Goods inventary OS Rogured Production unit 9120 eTextbook and Media Attempt 2 of 3 used (6) Prepare a direct materials budget for January 2022. ORIOLE COMPANY Direct Materials Budget January > >

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