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On January 1, 2022, the Sheridan Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022 The ending

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On January 1, 2022, the Sheridan Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022 The ending raw materials and finished goods inventories at December 31, 2021, follow the same percentage relationships to production and sales that occur in 2022 . Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. (a) Prepare a production budget by quarters for the 6-month period ended June 30.2022. Prepare a production budget by quarters for the 6 -month period ended June 30,2022 On January 1, 2022, the Sheridan Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022 The ending raw materials and finished goods inventories at December 31, 2021, follow the same percentage relationships to production and sales that occur in 2022 . Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. (a) Prepare a production budget by quarters for the 6-month period ended June 30.2022. Prepare a production budget by quarters for the 6 -month period ended June 30,2022

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