QUESTION 2 Not yet answered Marked out of 5.00Flag question Production and Purchases Budgets At the beginning of October, Comfy Cushions had 2,200 cushions and 13,500 pounds of raw materials on hand. Budgeted sales for the next three months are Month October 11,000 cushions November 13,000 cushions December 16,000 cushions Sales Comfy Cushions wants to have sufficient raw materials on hand at the end of each month to meet 25 percent of the following month's production requirements and sufficient cushions on hand at the end of each month to meet 20 percent of the following month's budgeted sales. Five pounds of raw materials, at a standard cost of $0.90 per pound, are required to produce each cushion Required a. Prepare a production budget for October and November Do not use a negative sign with your answers Comfy Cushions Production Budget For the Months of October and November October November Decembe Unit Sales 11000 13000 16000 Desired ending inventory 2600 3200 Finished goods requirements 13600 16200 Less beginning inventory 2200 2600 11400 13600 Production requirements