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Question 5 of 5 < View Policies > Current Attempt in Progress Bridgeport Company's sales budget projects unit sales of part 1987 of 9,800
Question 5 of 5 < View Policies > Current Attempt in Progress Bridgeport Company's sales budget projects unit sales of part 1987 of 9,800 units in January, 11,900 units in February, and 13,300 units in March. Each unit of part 198Z requires 2 kg of materials, which cost $3 per kilogram. Bridgeport Company wants its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 25% of the next month's expected unit sales. These goals were met at December 31, 2021. (a) Your answer has been saved. See score details after the due date. Prepare a production budget for January and February 2022. Expected unit sales Add Desired ending finished goods Total required units Less Total required units BRIDGEPORT COMPANY Production Budget-198Z For the Two Months Ending February 29, 2022 Jan 9,800 2,975 Month Feb 11,900 3,325 12,775 15,225 Beginning finished goods inventory 2,450 2875 eTextbook and Media (b) Prepare a direct materials budget for January 2022. BRIDGEPORT COMPANY Direct Materials Budget (kgs) For the Month Ending January 31, 2022 eTextbook and Media Save for Later $ $ Total 10,325 12,250 Attempts: 1 of 1 used Attempts: 0 of 1 used Submit Answer
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