Swifty Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022.

		January		February		March		April		May
Estimated unit sales		9,840		11,480		10,660		9,020		9,020
Unit selling price		$50		$47.5		$47.5		$47.5		$47.5
Direct labor hours per unit		2.0		2.0		1.5		1.5		1.5
Direct labor cost per hour		$8.0		$8.0		$8.0		$9.0		$9.0

Swifty has a labor contract that calls for a wage increase to $9.0 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Swifty expects to begin the year with 14,432 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following months sales, plus 40% of the second following months sales.

Prepare a production budget for Swifty Company by month and for the first quarter of the year.

SWIFTY COMPANY Production Budget choose the accounting period March 31, 2022For the Quarter Ending March 31, 2022For the Year Ending March 31, 2022
		Jan		Feb		Mar		Total
select an opening production budget item Direct Materials PurchasesBeginning Direct MaterialsDesired Ending InventoryBeginning InventorySales in UnitsTotal Required UnitsDesired Ending Direct MaterialsTotal Materials RequiredRequired Production UnitsDirect Materials Per Unit		enter a number of units		enter a number of units		enter a number of units		enter a number of units
select between addition and deduction AddLess: select a production budget item Beginning Direct MaterialsDirect Materials PurchasesBeginning InventoryTotal Materials RequiredDesired Ending Direct MaterialsRequired Production UnitsDirect Materials Per UnitSales in UnitsTotal Required UnitsDesired Ending Inventory		enter a number of units		enter a number of units		enter a number of units		enter a number of units
select a summarizing line for the first part Total Materials RequiredBeginning Direct MaterialsRequired Production UnitsDesired Ending Direct MaterialsDesired Ending InventoryDirect Materials Per UnitTotal Required UnitsBeginning InventoryDirect Materials PurchasesSales in Units		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part
select between addition and deduction AddLess: select a production budget item Beginning InventoryDesired Ending Direct MaterialsSales in UnitsRequired Production UnitsTotal Required UnitsTotal Materials RequiredDirect Materials Per UnitBeginning Direct MaterialsDesired Ending InventoryDirect Materials Purchases		enter a number of units		enter a number of units		enter a number of units		enter a number of units
Total Required Units Total Required UnitsDesired Ending Direct MaterialsRequired Production UnitsDirect Materials Per UnitBeginning InventoryDesired Ending InventoryTotal Materials RequiredSales in UnitsBeginning Direct MaterialsDirect Materials Purchases		enter a total number of units		enter a total number of units		enter a total number of units		enter a total number of units