Question 2 View Policies Current Attempt in Progress Fuqua Company's sales budget projects unit sales of part 198Z of 10,700 units in January 12,400 units in February, and 13,500 units in March. Each unit of part 1982 requires 2 pounds of materials, which cost $5 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, 2016. Prepare a production budget for January and February 2017 FUQUA COMPANY Production Budget January February Prepare a direct materials budget for January 2017 FUQUA COMPANY Direct Materials Budget January Prepare a direct materials budget for January 2017, FUQUA COMPANY Direct Materials Budget January Beginning Direct Materials Desired Pounds in Ending Materials Inventory Total Pounds Needed for Production Direct Material Pounds Per Unit Cost Per Pound Total Cost of Direct Materials Purchases Beginning Finished Goods Inventory Total Required Units Desired Ending Finished Goods Inventory Units To Be Produced Direct Materials Purchases Expected Unit Sales Required Production Units Total Materials Required Prepare a production budget for January and February 2017 FUQUA COMPANY Production Budget January Expected Unit Sales Total Materials Required Beginning Direct Materials Cost Per Pound Beginning Finished Goods Inventory Units To Be Produced Desired Ending Finished Goods Inventory Desired Pounds in Ending Materials Inventory Direct Material Pounds Per Unit Total Required Units Total Pounds Needed for Production Total Cost of Direct Materials Purchases Required Production Units Direct Materials Purchases