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PREPARING DIRECT MATERIALS BUDGET. 20 points. Sabrina Enterprises manufactures the Phantom Zoner. During the final three months of 2022 and into the first month of
PREPARING DIRECT MATERIALS BUDGET. 20 points. Sabrina Enterprises manufactures the Phantom Zoner. During the final three months of 2022 and into the first month of 2023, Sabrina Enterprises expects that it will produce Phantom Zoners according to the following schedule: October November December January 2023 Phantom Zoners to produce 20,000 15,000 22,000 10,000 The firm expects to use 9 grams of Kryptonite per Phantom Zoner. Cost of Kryptonite is $11.00 per gram. The desired ending inventory of Kryptonite at the end of each month is 20% of the following month's production needs. The ending inventory for September is 10,000 grams of Kryptonite. Required: Prepare a direct materials budget for the 4th quarter of 20122 (October, November, and December)
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