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Question 10 of 13 View Policies Current Attempt in Progress On January 1, 2022, the Wildhorse Company budgeted the following for the year ended December
Question 10 of 13 View Policies Current Attempt in Progress On January 1, 2022, the Wildhorse Company budgeted the following for the year ended December 31, 2022: 1. Sales units: First quarter 6,000; second quarter 7,000; third quarter 7,800; fourth quarter 8,200 units; First quarters of 2023: 8,600 units. 2. Ending raw materials invlantory: 40% of the next quarter's production requirements. 3. Ending nished goods inventory: 30% of the next quarter's expected sales in units. 4. Desired production for rst quarter of 2023 is 8,600 units. 3 kilograms of raw materials are needed to make each unit of nished goods. Raw materials purchased are expected to cost$ kilogram. Prepare a production budget and a direct materials budget by quarters for the year ended December 31. 2022. WlLDHORSE COMPANY Production Budget For 2022
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