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Fuqua Company's sales budget projects unit sales of part 1987 of 10,600 units in January, 12,000 units in February, and 13,200 units in March. Each
Fuqua Company's sales budget projects unit sales of part 1987 of 10,600 units in January, 12,000 units in February, and 13,200 units in March. Each unit of part 198Z requires 3 pounds of materials, which cost $3 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 partially correct. Prepare a production budget for January and February 2020. FUQUA COMPANY Production Budget January Expected Unit Sales Add : Desired Ending Finished Goods Inventory Total Required Units Less): Beginning Finished Goods Inventory Required Production Units eTextbook and Media Save for Later Attempts: 1 of 3 used Submit Answer Fuqua Company's sales budget projects unit sales of part 1987 of 10,600 units in January, 12,000 units in February, and 13,200 units in March. Each unit of part 1987 requires 3 pounds of materials, which cost $3 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 partially correct. Prepare a production budget for January and February 2020. FUQUA COMPANY Production Budget January February nding Finished Goods Inventory 2640 Finished Goods Inventory Units e Textbook and Media Save for Later Attempts: 1 of 3 used Submit
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