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help in a) :) Sheridan Company's sales budget projects unit sales of part 1982 of 8,800 units in January 10,400 units in February, and 11,600
help in a)
Sheridan Company's sales budget projects unit sales of part 1982 of 8,800 units in January 10,400 units in February, and 11,600 units in March. Each unit of part 1982 requires 4 pounds of materials, which cost $2 per pound. Sheridan 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, 2021. (a) Prepare a production budget for January and February 2022 SHERIDAN COMPANY Production Budget January February + :)
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