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Sheridan Company's sales budget projects unit sales of part 198Z of 11,400 units in January, 13,000 units in February. and 15,500 units in March. Each
Sheridan Company's sales budget projects unit sales of part 198Z of 11,400 units in January, 13,000 units in February. and 15,500 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Sheridan 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, 2021. (a) Your answer has been saved. See score details after the due date. Prepare a production budget for January and February 2022. Dranama dirant matarialo heldant for lanisne on? Cost Per Pound Requlred Production Units Total Cost of Dlrect Materlals Purchases Beginning Dlrect Materlals (Pounds) Desired Pounds in Ending Materlals Inventory Dlrect Materlal Pounds Per Unit Total Materlals Requlred Beginning Finished Goods Inventory Direct Materlals Purchases Total Pounds Needed for Productlon Desired Ending Finished Goods Imventory Total Requlred Units Units To Be Produced Expected Unit Sales
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