Production and Purchases Budgets At the beginning of October. Comfy Cushions had 3,400 cushions and 8,500 pounds of raw materials on hand. Budgeted sales for the next three months are Sales 11.000 cushions November 12,000 cushions December 10,000 cushion Month October Comfy Cushions wants to have sufficient raw materials on hand at the end of each month to meet 20% of the following month's production requirements and sufficient cushions on hand at the end of each month to meet 30% of the following month's budgeted sales. Four pounds of raw materials, at a standard cost of $1.10 per pound, are required to produce each cushion, Required a. Prepare a production budget for October and November, Do not use a negative sign with your answers Comfy Cushions Production Budget For the Months of October and November October November December Unit Sales 11.000 12.000 10,000 Desired ending inventory 3.600 3,000 Finished goods requirements 14,600 15,000 Less beginning inventory 3.400 3,600 Production requirements 11,200 11.400 b. Prepare a purchases budget in units and dollars for October Do not use a negative sign with your answers Comfy Cushions Purchases Budget For the Month of October October November Production requirements 0 % OM Desired ending Inventory OX Raw materials requirements OX Less beginning inventory Purchase requirements units) OX OX Purchase requirements on dollars) OX Check