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Need help with Required 1. Galactic Inc. manufactures flying drone toys. Sales units for January, February March April and May were 680, 660, 732, 692,
Need help with Required 1.
Galactic Inc. manufactures flying drone toys. Sales units for January, February March April and May were 680, 660, 732, 692, and 760 respectively Reguired: The company's policy for ending finished goods is 25 percent of next month's sales. Prepare a production budget for the first Quarter 2. The drone toy includes 2 LED ghts, which cost $15 each The company requires ending direct materials to be 20 percent of next month's materials requirement. Prepare a direct materiais purchases budget with respect to LED lights for the first quarter Complete this question by entering your answers in the tabs below. Required 1 Required 2 The company's policy for ending finished goods is 25 percent of next quarter's sales. Prepare a production budget for the first quarter Jan Feb Mar 1st Quarter Buded Production in Units Fequired 1 Required 2 >Step by Step Solution
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