s budget for Data table ials budget b January.... February.... March April Stuffed animals to be...

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s budget for Data table ials budget b January.... February.... March April Stuffed animals to be produced 5,700 4,900 4,600 4,200 f direct materia roduction Print Done nventory of dire he dollar amount of th - Cleary Industries manufactures a popular interactive stuffed animal for children that requires two computer chips inside each toy. The company pays $4 for each computer chip. To help to guard against stockouts of the computer chip, Cleary Industries has a policy that states that the ending inventory of computer chips should be at least 30% of the following month's production needs. The production schedule for the first four months of the year is as follows: (Click the icon to view the production schedule.) Requirement Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budget CLID Prepare the direct materials budget by first calculating the total quantity needed, then complete the budget. Cleary Industries Direct Materials Budget For the Months of January through March Units to be produced i Multiply by Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed January February March Quarter s budget for Data table ials budget b January.... February.... March April Stuffed animals to be produced 5,700 4,900 4,600 4,200 f direct materia roduction Print Done nventory of dire he dollar amount of th - Cleary Industries manufactures a popular interactive stuffed animal for children that requires two computer chips inside each toy. The company pays $4 for each computer chip. To help to guard against stockouts of the computer chip, Cleary Industries has a policy that states that the ending inventory of computer chips should be at least 30% of the following month's production needs. The production schedule for the first four months of the year is as follows: (Click the icon to view the production schedule.) Requirement Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budget CLID Prepare the direct materials budget by first calculating the total quantity needed, then complete the budget. Cleary Industries Direct Materials Budget For the Months of January through March Units to be produced i Multiply by Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed January February March Quarter