Fuqua Companys sales budget projects unit sales of part 198Z of 10,100 units in January, 12,600 units in February and 13,700 units in March. Each unit of part 198Z requires 3 pounds of materials, which cost $4 per pound. Fuqua Company desires its ending raw materials to equal 40% of the next months production requirements, and its ending finished goods inventory to equal 20% of the next months expected unit sales. These goals were met at December 31, 2016.

Cumpany desires its ending raw materials inventory to equal 40% of the next month's production These goals were met at December 31, 2016. Prepare a production budget for January and February 2017. FUQUA COMPANY Production Budget January February Total Cost of Direct Materials Purchases Total Materials Required Direct Materials Purchases Total Pounds Needed for Production Expected Unit Sales Required Production Units Total Required Units Desired Pounds in Ending Materials Inventory Direct Material Pounds Per Unit Units To Be Produced Beginning Direct Materials Beginning Finished Goods Inventory VIDEO: APPLIED SKILLS Cost Per Pound Desired Ending Finished Goods Inventory Prepare a direct materials budget for January 2017. FUQUA COMPANY Production Budget February January Total Materials Required Beginning Finished Goods Inventory Total Pounds Needed for Production Total Required Units Cost Per Pound Beginning Direct Materials Total Cost of Direct Materials Purchases Units To Be Produced Expected Unit Sales Desired Ending Finished Goods Inventory Direct Materials Purchases Desired Pounds in Ending Materials Inventory Direct Material Pounds Per Unit Required Production Units LINK TO T VIDEO: APp Prepare a d Blackb Kimmel, Accounting, 6e Help | System Announcements Exercise 21-8 Fuqua Company's sales budget projects unit sales of part 198Z of 10,100 units in January, 12,600 units in ound. Fuqua Company desires its ending raw materials inventory to equal 40% of the next month's prod hese goals were met at December 31, 2016. Prepare a production budget for January and February 2017. FUQUA COMPANY Production Budget January February Beginning Direct Materials Total Cost of Direct Materials Purchases Beginning Finished Goods Inventory Direct Materials Purchases Desired Ending Finished Goods Inventory Total Materials Required Units To Be Produced Desired Pounds in Ending Materials Inventory Cost Per Pound Total Pounds Needed for Production Total Required Units Direct Material Pounds Per Unit Expected Unit Sales Required Production Units VIDEO: APPLIED SH Exercise 21-8 Fuqua Company's sales budget projects unit sales of part 198Z of 10,100 units in January, 12, pound. Fuqua Company desires its ending raw materials inventory to equal 40% of the next m These goals were met at December 31, 2016. Prepare a production budget for January and February 2017. FUQUA COMPANY Production Budget February January Units To Be Produced Desired Pounds in Ending Materials Inventory Beginning Direct Materials LINK TO T EXpected Unit Sales VID Direct Materials Purchases Beginning Finished Goods Inventory Desired Ending Finished Goods Inventory Required Production Units Total Cost of Direct Materials Purchases Total Required Units Prepare a Cost Per Pound Direct Material Pounds Per Unit Total Materials Required Total Pounds Needed for Production January S Kimmel, Accounting, 6e Help | System Announcements Exercise 21-8 Fuqua Company's sales budget projects unit sales of part 1S pound. Fuqua Company desires its ending raw materials inv These goals were met at December 31, 2016. Prepare a production budget for January and February 2017 MPANY Units To Be Produced Total Required Units Direct Materials Purchases Direct Material Pounds Per Unit Expected Unit Sales Total Materials Required Required Production Units Beginning Direct Materials Total Cost of Direct Materials Purchases Desired Ending Finished Goods Inventory Total Pounds Needed for Production Beginning Finished Goods Inventory Cost Per Pound Desired Pounds in Ending Materials Inventory Budget Kimmel, Accounting, 6e Help System Announcements LINK TO TEXT Prepare a direct materials budget for January 2017. FUQUA COMPANY Direct Materials Budget January Click if you would like to Show Work for this question: Open Show Work 4A