High Peaks Breads produces organic bread that is sold by the loaf. Each loaf requires 0.5 kg of flour. The company pays $2.50 per kilogram of the organic flour used in its loaves. High Peaks Breads expects to produce the following number of loaves in each of the upcoming four months: B (Click the icon to view the units to be produced.) The company's policy is to have 10% of the following month's flour needs on hand at the end of each month. At the end of June, there were 95 kg of flour on hand. Prepare the direct materials budget for the third quarter, with a column for each month and for the quarter. July August September Quarter Units to be produced Data Table Kilograms of flour needed per unit Quantity needed (kg) for production Plus: Desired ending inventory of direct materials Total quantity (kg) needed Less: Beginning inventory of direct materials Quantity (kg) to purchase Cost per kilogram July... 1,450 loaves 1,940 loaves August September 1,680 loaves October 1,580 loaves Total cost of direct material purchases Print Done Help Me Solve This Video Get More Help Trapper Cycles manufactures chainless bicycles. On March 31, Trapper Cycles had 164 bikes in inventory. The company's policy is that the ending inventory in any month must be 15% of the following month's expected sales. Trapper Cycles expects to sell the following number of bikes in each of next 4 months: B (Click the icon to view the data.) Prepare a production budget for the second quarter with a column for each month and for the quarter. .... Data Table Trapper Cycles Production Budget For the Quarter ended June 30 1,090 bikes April. May.. 1,120 bikes Month May April June 2nd Quarter June. 1,360 bikes Unit sales July 1,380 bikes Plus: Desired ending inventory Total needed Print Done Less: Beginning inventory Units to produce Griller Company manufactures two sizes of cargo containers. The small model sells for $130, while the large containers sell for $780. In the second quarter of the upcoming year, Griller Company expects to sell 1,300 small containers and 400 large containers in April, 1,700 small containers and 450 large containers in May, and 1,900 small containers and 640 large containers in June. Prepare the sales budget for the second quarter, with a column for each month and for the quarter total. For the Months of April through June April May June Quarter Unit sales (small) Sales price Sales revenue (small) Unit sales (large) Sales price Sales revenue (large) Total sales revenue