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pls help soon Swifty Company's sales budget projects unit sales of part 1982 of 10,800 units in January, 12,400 units in February, and 14,600 units
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Swifty Company's sales budget projects unit sales of part 1982 of 10,800 units in January, 12,400 units in February, and 14,600 units in March. Each unit of part 1982 requires 4 pounds of materials, which cost $2 per pound. Swifty 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) Your answer has been saved. See score details after the due date. Prepare a production budget for January and February 2022. SWIFTY COMPANY Production Budget For the Two Months Ending February 28, 2022 TSAL Calw For the Two Months Ending February 28, 2022 January February Expected Unit Sales 10800 12400 Add Desired Ending Finished Goods Inventory 2480 2920 Total Required Units 13280 15320 Less v Beginning Finished Goods Inventory 2160 2480 Required Production Units 11120 12840 e Textbook and Media For the Two Months Ending February 28, 2022 January Units To Be Produced 11120 Direct Material Pounds Per Unit 4 Total Pounds Needed for Production 44480 Add : Desired Pounds in Ending Materials Inventory 20544 Total Required Units 165024 Less Beginning Direct Materials (Pounds) Direct Materials Purchases Cost Per Pound > $ Total Cost of Direct Materials Purchases $ Step by Step Solution
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