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SHOW ALL YOUR WORKS FOR YOUR ASNWERS: Calculate Quantity of direct materials needed per unit, Quantity needed for production, Desired ending inventory of direct materials,
SHOW ALL YOUR WORKS FOR YOUR ASNWERS: Calculate "Quantity of direct materials needed per unit, Quantity needed for production, Desired ending inventory of direct materials, Total quantity needed in January, February, March, Quarter for Requirement 2" Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased, Start by preparing the direct materials budget through the total quantity needed, then complete the budget. Rouse Manufacturing Direct Materials Budget For the Months of January through March January February 3.125 3,150 March 3,300 Quarter 9,575 Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus Desired ending inventory of direct materials Total quantity needed Rouse Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: Inventory at the start of the year was 775 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per pound. Data Table Number of planters to be sold January 3,100 February 3,200 March 3,000 4,200 April ........ May ......... 4,400
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