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On January 1,2022 , the Coronado Company budget committec 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 Coronado Company budget committec has reached agreement on the following data for the 6 months ending June 30,2022 The ending raw materials and finished goods liventories at Decemter 31, 2021, follow the same percentage relationshigs 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 54 per pound. epare a production budget by quarters for the 6-month beriod ended June 30.2022

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