Furniture, Inc., makes and sells a single product called a Bik. The company wants to prepare the direct material budget for the quarter ending June 30 Badpeted production of Boks for the next six months as follows February 7.000 Units March 7.750 Units April 5.950 Units May 6,300 Units 7.150 Units July 8,000 Uniti It takes four yards of Material A to make one Bil. The company wants to maintain monthly end of Mal Amal to 20% of the following months production de On March 31, 1.840 yard of Material A were on hand. The cost of Material A is 56 per yard Required: 1 Prepare the Duct Martials Budget for April May June, and quarter 2. Baied on the direct material budget that you prepared in requum above and we than the direct materials purchase in February was 575.000 din March 550.000 Prepare the cash disbursement budget for April if the company policy for papuchassis as follows 15 in the mouth of purchase 65% month after purchase 20 two months after purchase Blackboard XCO Remaining Time 1hour 21 minutes 29 de Question completion Status 10 11 14 15 CeWd Moving to another question will save the response Question 11 of 1 Question 11 10 points Furniture Inc makes and sells a single product called a Bik The company wants to prepare the direct material budget for the quarter ending June 30. Buded production of Bes for the next month is as follows February 7.000 nuts March 7, 750 Units April 5,950 Units May 6.300 Units June 7.250 Units Joly 8.000 Units It takes four yards of Material A to make one Bak The company wants to maintain monthly ending inventory of Material A equal to 20% of the follow months production needs. On March 31. 1.840 yards at Material A were on hand. The cost of Material A is 56 per yard. Required: 1. Prepare the Direct Materials Budget for April May June, and quarter Fachd XCO Remaining Time to 20 56 second Question completion Status 10 11 13 14 15 April 5950 Un May 6,300 Units June 7.250 Units July 8,000 Units It takes four yards of Material A to make one Bik. The company wants to maintain monthly ending inventory of Material A equal to 20% of the following months toduction needs. On March 31. 1.840 yards of Material A were on hand. The cost of Material A u 56 per yard. Required: Prepare the Direct Materials Budget for April May June, and quarter 2 Based on the direct material budget that you prepared in requirement above and assume that the direct materials purchase in February was $75,000 and in March was $80.000 Prepare the cash disbursements budget for April if the company policy for paying purchases is as follows 15% in the month of purchase 65% one month after purchase 20% no months after purchaser For the toolbar press ALT4F10 (PC) or ALT FNAF 10 (Mac BUS Paragraph Arial 14px A2 I OQS