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Provide formulas and procedure in excel QUESTION 9 Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are
Provide formulas and procedure in excel
QUESTION 9
- Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below:
| January | February | March |
Budgeted production (in units) | 70,200 | ???? | 81,000 |
Budgeted raw materials (in pounds) | 143,400 | 154,600 | 159,800 |
- Four pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 31% of the following month's production needs. The company is expected to have 42,400 pounds of raw materials on hand on January 1.
- Required:
- Prepare the Budgeted production for February
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