Fuqua Company's sales budget projects unit sales of part 1987 of 10,300 units in January, 12,600 units in February, and 13,800 units in March. Each unit of part 1987 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. (a) 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 lected Unit Sales Desired Ending Finished Goods Inventory al Required Units January 10300 2520 12820 February 12600 2760 15360 S : Beginning Finished Goods Inventory 2060 i 2520 i juired Production Units 10760 12840 eTextbook and Media Attempts: 1 of 5 used