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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
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 Month Sales October 11,000 cushions November 12,000 cushions December 10,000 cushions Comfy Cushions wants to have sufficient raw materials on hand at the end of each month to meet 20% of the following months production requirements and sufficient cushions on hand at the end of each month to meet 30% of the following months 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 Answer Answer Answer Desired ending inventory Answer Answer Finished goods requirements Answer Answer Less beginning inventory Answer Answer Production requirements
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