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Production and Purchases Budgets At the beginning of October, Comfy Cushions had 3,400 cushions and 50 pounds of raw materials on hand. Budgeted sales for

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Production and Purchases Budgets At the beginning of October, Comfy Cushions had 3,400 cushions and 50 pounds of raw materials on hand. Budgeted sales for the next three months are Month Sales October 11th November 12.000 cushion December 10.000 cashion 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 months budgeted sales. Pour pounds of raw materials, ata standard cost of 51.10 per pound are required to produce each cushion Required Prepare a production budget for October and November Do not use a negative with your answers Comfy Cushions Production Budget For the Months of October and November October November December Units Desiredding inventory Find os rements ventory Product requirements 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 Desired ending inventory Raw materials requirements Less beginning inventory Purchase requirements (units) Purchase requirements (in dollars) $

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