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part b Vaughn Company's sales budget projects unit sales of part 198Z of 12,400 units in January, 14,000 units in February, and 17,000 units in
part b
Vaughn Company's sales budget projects unit sales of part 198Z of 12,400 units in January, 14,000 units in February, and 17,000 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Vaughn 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. (b) Prepare a direct materials budget for January 2022. VAUGHN COMPANY Direct Materials Budget January $ eTextbook and Media Step by Step Solution
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