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During the coming budget period, EcoSacks expects to sell 520,000 bags. Finished goods inventory is targeted to increase from the current balance of 120,000 units

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During the coming budget period, EcoSacks expects to sell 520,000 bags. Finished goods inventory is targeted to increase from the current balance of 120,000 units to 175,000 units to prepare for an expected sales increase the year after next as a result of legislation in several states regarding plastic bags. Production will occur evenly throughout the year. Inventory levels for cotton and canvas are expected to remain unchanged throughout the year. There is no work-in-process inventory. Required: a. Prepare a production budget for the coming year. b. Estimate the materials, labor, and overhead costs for the coming year. Complete this question by entering your answers in the tabs below. Required A Required B Estimate the materials, labor, and overhead costs for the coming year. Material costs Labor costs Overhead costs Required A Required B

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