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PRODUCTION BUDGET: The Citizens Against Gun Violence Foundation is telling to the we violence Tshirts, and the proceeds will go to help families who have

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PRODUCTION BUDGET: The Citizens Against Gun Violence Foundation is telling to the we violence Tshirts, and the proceeds will go to help families who have lost loved ones due to gun violence Projected sales are as follows: Sales in Un April MAY 150 000 150 000 [auty The Foundation is now in the process of preparing a production budget for the April through July, Past experience has shown that end-of-month inventory levels mostal 20% of the following meth's sales. The inventory at the end of March was 10,000 units Required: Prepare a production belget for Apeil through July. In your budget, show the number of units to be produced each month and for the quarter in total Production Budget April May June Sales in units Adid Total Needs Les Units to be produced DIRECT MATERIAL PURCHASES BUDGET The Citizens Against Gun Violence Foundation has contracted with a company called Quality T Shirt Company to make the shirts The following information relates to the quantities and costs of the cotton fabric needed to make the shirts Fach shirt requires 2 yards of cotton fabric at a cost of $5 per yard. Assume the company maintains an inventory of cotton fabric equal to 20% of the next month's production needs. At the beginning of the year, 48,000 yards of cotton fabric are on hand. Inventory of cotton fabric at June 30th is estimated to be 67,200 yards. DIRECT MATERIALS PURCHASES BUDGET Nota Part of the Budget Period April May June 0 Units to be produced (from production budget) Multiplied by 0 Yards of cotton needed for production Add: 19 Tocal Yards Needed Les 12 Yards to be purchased Multiplied by Cost of Direct Materials to be purchased

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