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Fuqua Company's sales budget projects unit sales of part 1982 of 10,100 units in January, 12,100 units in February, and 13,500 units in March. Each

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Fuqua Company's sales budget projects unit sales of part 1982 of 10,100 units in January, 12,100 units in February, and 13,500 units in March. Each unit of part 1982 requires 3 pounds of materials, which cost $4 per pound. Fuqua 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, 2019. Your answer is correct Prepare a production budget for January and February 2020. FUQUA COMPANY Production Budget For the Two Months Ending February 28, 2020 January February Expected Unit Sales 10.100 12. Add Desired Ending Finished Goods Inventory 2.420 2,1 Total Required Units 12.520 14. Less Beginning Finished Goods Inventory 2.020 2,420 Required Production Units 10.500 12, eTextbook and Media X Your answer is incorrect. Prepare a direct materials budget for January 2020. FUQUA COMPANY Direct Materials Budget January $

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