Question
Master Budget, Raw Material Purchases Budget:) Each unit sells for $250 Forecasted Sales (in units) table[[January,February,March,April,May,June,July],[14,000,13,000,16,000,15,000,17,000,19,000,18,000]] Each unit requires 6 pounds of Raw Material
Master Budget, Raw Material Purchases Budget:)\ Each unit sells for
$250
\ Forecasted Sales (in units)\ \\\\table[[January,February,March,April,May,June,July],[14,000,13,000,16,000,15,000,17,000,19,000,18,000]]\ Each unit requires 6 pounds of Raw Material\ Each unit requires 4.5 hours of Direct Labor\ Each unit requires 2.5 hours of machine time\ Each pound of material costs
$8
\ Your desired Ending Inventory in units every month for Finished Goods is
15%
of next month's sales\ Your desired Ending Inventory in pounds every month for Raw Material is
20%
of next month's usage\ Beginning Inventory of Finished Goods on January
1^(st )
was 2,100 units\ Beginning Inventory of Raw Material on January
1^(st )
was 16,620 pounds.\ Prepare a Production Budget for January, February, March, April\ Using your answer from the Production Budget, prepare a Raw Material Purchases Budget for January February and March
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