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Question #2 Fisher-Price manufactures two products, Bassinet and Swing, which use raw materials, pins and clips. One bassinet uses 4 units of pins and 3
Question \#2 Fisher-Price manufactures two products, Bassinet and Swing, which use raw materials, pins and clips. One bassinet uses 4 units of pins and 3 units of clips. One swing uses 2 units of pins and 6 units of clips. One pin is expected to cost $7 and one clip is expected to cost $5. Sales and finished goods inventorv budget for the vear 2020 are as follows: Raw material inventory budget for the year 2020 are as follows: The warehouse and stores managers have suggested that a provision should be made for damages and deterioration of items held in store, as follows. Required: a. Prepare the following for the year 2020 : i. Sales budget ii. Production budget iii.Raw material usage budget iv.Raw material purchase budget
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