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Rhett Corporation manufactures and sells dress shirts. Rhett Corporation will use the following information to prepare its master budget for the first quarter of the

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Rhett Corporation manufactures and sells dress shirts. Rhett Corporation will use the following information to prepare its master budget for the first quarter of the year: Rhett Corporation budgeted sales in units . January: 32,000 units February 28,000 units March 29,000 units . April 28,000 units Selling price: $22 per shirt Information for the Production Budget Ending finished goods inventory at March 31st: 4,800 shirts Desired ending inventory of shirts: 15% of the next month's sales Information for the Direct Materials Budget: Each shirt unit) requires: 3 yards of cloth Ending Inventory of cloth in yards at December 31st: 9,420 yards Desired ending inventory of cloth in yards: 10% of the next month's production needs Materials needed for production for Aprit:83,550 yards Cloth costs $2 per yard Required Using the above information, enter the totals for the sales, production and materials budgets below. For the numbers listed with a?. please calculate those using a piece of scratch paper, Your amounts should be WHOLE NUMBERS ONLY. NO COMMAS, NO DECIMALS, NO DOLLAR SIGNS or other characters Sales April Max June Budget: Budgeted salesin 32.000 28.000 29.000 units Budgeted sales in $ $ dollars $22 per shirt April May June 32.000 28.000 29.000 Production Budget: Sales budget in units Add: Desired ending inventory (units) ? 2 ? 2 ? Required units of aval production Less: Beginning inventory ? ? ? Units to be produced April May June ? - from above ? - from above ?- from above Materials Budget: Production budget (units) Materials per unit needed for production (in yards) 3 3 3 ? ? ? Total materials needed for production (in yards) Add: Desired ending inventory (in yards) ? 2 Total materials needed (in yards) ? ? ? Less: Beginning inventory in yards ? ? ? ? ? Materials Purchases in Yards Cloth costs per yard $2 $2 $2 $ $ Materials Purchases in Dollars

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