Question
Galactic Incorporated manufactures flying drone toys. Sales units for January, February, March, April, and May were 700, 680, 752, 712, and 780 respectively. Required: The
Galactic Incorporated manufactures flying drone toys. Sales units for January, February, March, April, and May were 700, 680, 752, 712, and 780 respectively. Required: The companys policy for ending finished goods is 25 percent of next month's sales. Determine production budget for the first quarter. The drone toy includes 2 LED lights, which cost $15 each. The company requires ending direct materials to be 20 percent of next month's materials requirement. Determine direct materials purchases budget with respect to LED lights for the first quarter. I keep getting wrong answers on this. Please help
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