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I just need the direct materials budget. thank you ES Question 6 Fuqua Company's sales budget projects unit sales of part 1987 of 10,600 units
I just need the direct materials budget. thank you
ES Question 6 Fuqua Company's sales budget projects unit sales of part 1987 of 10,600 units in January, 12,000 units in February, and 13,200 units in March. Each unit of part 1982 requires 3 pounds of materials, which cost $3 per pound. Fuqua 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, 2019. Your answer is partially correct. Try again. Prepare a production budget for January and February 2020. FUQUA COMPANY Production Budget For the Quarter Ending February 28, 2020 January February 10600 12000 Expected Unit Sales 2640 Add 2400 Desired Ending Finished Goods Inventory 13000 14640 Total Required Units -2120 -2400 Less Beginning Finished Goods Inventory 10880 12240 Required Production Units FUQUA COMPANY Direct Materials Budget For the Month Ending January 31, 2020 January X Units To Be Produced Direct Material Pounds Per Unit Total Pounds Needed for Production Add Desired Pounds in Ending Materials Inventory Total Materials Required bbddddddd Less Beginning Direct Materials (Pounds) Direct Materials Purchases Cost Per Pound Total Cost of Direct Materials PurchasesStep by Step Solution
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