n January 1, 2017, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2017.

Sales units: First quarter 5,700; second quarter 6,100; third quarter 7,400 Ending raw materials inventory: 40% of the next quarters production requirements Ending finished goods inventory: 25% of the next quarters expected sales units Third-quarter production: 7,850 units.

The ending raw materials and finished goods inventories at December 31, 2016, follow the same percentage relationships to production and sales that occur in 2017. 4 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $5 per pound.

Prepare a production budget by quarters for the 6-month period ended June 30, 2017.

HARDIN COMPANY Production Budget For the Six Months Ending June 30, 2017 June 30, 2017 For the Quarter Ending June 30, 2017 Quarter 1 2 Six Months Beginning Direct Materials Desired Ending Direct Materials Direct Materials Purchases Direct Materials Per Unit Desired Ending Finished Goods Unit Expected Unit Sales Total Required Units Beginning Finished Goods Unit Required Production Units Total Materials Required Add Less : Expected Unit Sales Total Materials Required Beginning Finished Goods Unit Required Production Units Desired Ending Direct Materials Total Required Units Beginning Direct Materials Direct Materials Per Unit Direct Materials Purchases Desired Ending Finished Goods Unit Desired Ending Direct Materials Total Required Units Required Production Units Total Materials Required Desired Ending Finished Goods Unit Direct Materials Per Unit Beginning Finished Goods Unit Beginning Direct Materials Direct Materials Purchases Expected Unit Sales Add Less : Expected Unit Sales Required Production Units Direct Materials Purchases Beginning Direct Materials Direct Materials Per Unit Desired Ending Finished Goods Unit Total Materials Required Total Required Units Beginning Finished Goods Unit Desired Ending Direct Materials Expected Unit Sales Required Production Units Direct Materials Per Unit Direct Materials Purchases Beginning Finished Goods Unit Total Materials Required Beginning Direct Materials Total Required Units Desired Ending Direct Materials Desired Ending Finished Goods Unit

Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2017.

HARDIN COMPANY Direct Materials Budget For the Six Months Ending June 30, 2017 June 30, 2017 For the Quarter Ending June 30, 2017 Quarter 1 2 Six Months Direct Materials Per Unit Beginning Direct Materials Direct Materials Purchases Total Materials Required Total Cost of Direct Materials Purchases Cost Per Pound Desired Ending Direct Materials Direct Labor Cost Per Hour Units to be Produced Direct Labor Time Per Unit Total Direct Labor Cost Total Pounds Needed for Production Total Required Direct Labor Hours Direct Labor Time Per Unit Total Required Direct Labor Hours Total Cost of Direct Materials Purchases Direct Materials Purchases Total Pounds Needed for Production Total Direct Labor Cost Beginning Direct Materials Total Materials Required Units to be Produced Cost Per Pound Direct Materials Per Unit Desired Ending Direct Materials Direct Labor Cost Per Hour Direct Materials Per Unit Direct Labor Cost Per Hour Direct Labor Time Per Unit Total Cost of Direct Materials Purchases Beginning Direct Materials Direct Materials Purchases Cost Per Pound Total Direct Labor Cost Total Required Direct Labor Hours Total Pounds Needed for Production Total Materials Required Units to be Produced Desired Ending Direct Materials Add Less : Direct Labor Cost Per Hour Direct Labor Time Per Unit Direct Materials Purchases Beginning Direct Materials Direct Materials Per Unit Cost Per Pound Desired Ending Direct Materials Total Cost of Direct Materials Purchases Total Required Direct Labor Hours Total Pounds Needed for Production Total Direct Labor Cost Total Materials Required Units to be Produced Total Direct Labor Cost Total Materials Required Beginning Direct Materials Direct Materials Purchases Total Pounds Needed for Production Cost Per Pound Desired Ending Direct Materials Total Required Direct Labor Hours Direct Materials Per Unit Direct Labor Cost Per Hour Direct Labor Time Per Unit Units to be Produced Total Cost of Direct Materials Purchases Add Less : Total Cost of Direct Materials Purchases Units to be Produced Desired Ending Direct Materials Total Required Direct Labor Hours Total Direct Labor Cost Beginning Direct Materials Cost Per Pound Total Materials Required Direct Labor Cost Per Hour Total Pounds Needed for Production Direct Materials Per Unit Direct Labor Time Per Unit Direct Materials Purchases Units to be Produced Direct Labor Cost Per Hour Total Required Direct Labor Hours Direct Labor Time Per Unit Cost Per Pound Total Materials Required Total Pounds Needed for Production Total Cost of Direct Materials Purchases Beginning Direct Materials Desired Ending Direct Materials Direct Materials Purchases Direct Materials Per Unit Total Direct Labor Cost Direct Labor Cost Per Hour Units to be Produced Total Pounds Needed for Production Total Required Direct Labor Hours Direct Labor Time Per Unit Beginning Direct Materials Direct Materials Per Unit Cost Per Pound Total Direct Labor Cost Desired Ending Direct Materials Direct Materials Purchases Total Cost of Direct Materials Purchases Total Materials Required $ $ Direct Labor Cost Per Hour Direct Labor Time Per Unit Total Pounds Needed for Production Total Materials Required Total Required Direct Labor Hours Desired Ending Direct Materials Direct Materials Purchases Direct Materials Per Unit Total Cost of Direct Materials Purchases Total Direct Labor Cost Units to be Produced Cost Per Pound Beginning Direct Materials $ $ $