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Question 10 Fuqua Company's sales budget projects unit sales of part 1987 of 10,700 units in January, 12,200 units in February, and 13,000 units in
Question 10 Fuqua Company's sales budget projects unit sales of part 1987 of 10,700 units in January, 12,200 units in February, and 13,000 units in March. Each unit of part 1987 requires 3 pounds of materials, which cost $4 per pound. Fuqua Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2019. (a) Prepare a production budget for January and February 2020. FUQUA COMPANY Production Budget January February Click if you would like to Show Work for this question: Open Show Work
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