Swifty Companys sales budget projects unit sales of part 198Z of 10,800 units in January, 12,400 units in February, and 14,600 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Swifty Company desires its ending raw materials inventory to equal 40% of the next months production requirements, and its ending finished goods inventory to equal 20% of the next months expected unit sales. These goals were met at December 31, 2021.

(a)

Prepare a production budget for January and February 2022.

SWIFTY COMPANY Production Budget choose the accounting period For the Quarter Ending February 28, 2022For the Two Months Ending February 28, 2022For the Month Ending January 31, 2022
		January		February
select an opening production budget item Total Materials RequiredTotal Cost of Direct Materials PurchasesDesired Ending Finished Goods InventoryCost Per PoundTotal Pounds Needed for ProductionDirect Material Pounds Per UnitDirect Materials PurchasesExpected Unit SalesBeginning Finished Goods InventoryBeginning Direct MaterialsDesired Pounds in Ending Materials InventoryUnits To Be ProducedTotal Required UnitsRequired Production Units		enter a number of units		enter a number of units
select between addition and deduction AddLess: select an item Required Production UnitsDesired Pounds in Ending Materials InventoryBeginning Direct MaterialsBeginning Finished Goods InventoryTotal Required UnitsDirect Material Pounds Per UnitUnits To Be ProducedExpected Unit SalesCost Per PoundTotal Cost of Direct Materials PurchasesDesired Ending Finished Goods InventoryDirect Materials PurchasesTotal Pounds Needed for ProductionTotal Materials Required		enter a number of units		enter a number of units
select a summarizing line for the first part Cost Per PoundTotal Materials RequiredExpected Unit SalesDesired Pounds in Ending Materials InventoryRequired Production UnitsBeginning Direct MaterialsTotal Pounds Needed for ProductionUnits To Be ProducedTotal Required UnitsTotal Cost of Direct Materials PurchasesDirect Materials PurchasesDirect Material Pounds Per UnitDesired Ending Finished Goods InventoryBeginning Finished Goods Inventory		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 Direct Material Pounds Per UnitBeginning Direct MaterialsDesired Ending Finished Goods InventoryCost Per PoundTotal Cost of Direct Materials PurchasesRequired Production UnitsDirect Materials PurchasesTotal Required UnitsExpected Unit SalesTotal Materials RequiredTotal Pounds Needed for ProductionUnits To Be ProducedBeginning Finished Goods InventoryDesired Pounds in Ending Materials Inventory		enter a number of units		enter a number of units
select a closing production budget item Units To Be ProducedDesired Pounds in Ending Materials InventoryExpected Unit SalesTotal Required UnitsDesired Ending Finished Goods InventoryTotal Pounds Needed for ProductionTotal Materials RequiredBeginning Direct MaterialsDirect Material Pounds Per UnitTotal Cost of Direct Materials PurchasesBeginning Finished Goods InventoryCost Per PoundDirect Materials PurchasesRequired Production Units		enter a total number of units		enter a total number of units