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need question answered Bonita Company's sales budget projects unit sales of part 198Z of 9,000 units in January, 10,600 units in February, and 11,900 units
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Bonita Company's sales budget projects unit sales of part 198Z of 9,000 units in January, 10,600 units in February, and 11,900 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Bonita 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 31,2021. (a) Prepare a production budget for January and February 2022 Step by Step Solution
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