The company wants to end each month with ending finished goods inventory equal to 25% of next month's Finished goods inventory on April is 190 units. Assume July's budgeted production is $40 units Prepare a prodtcton budget for the months of April. May, and June. forecasted sales. Exercise 20-4 Manufacturing: Direct materials budget P1 Refer to th wants to end each month with raw materials inventory equal to inventory for April was 663 pounds. Assume direct materials cost S4 per pound Prepare a direer materials budget for Apri. May. and June. e information in Exercise 20-3. In addition. each fnished unit requires five pounds of aw materials and the company 30% of next month's production needs. Beginning raw materials Exercise 20-5 Manufacturing: Direct labor budget Pl The production budget for Manner Company shows units to be produced as follows July, 620:A Each unit produced requires two hours of direct labor. The direct labor rate is curreaty $20 per hour but is precdicted to be $21 per hour in September. Prepare a direct labor budget for the months July. August, and September us 650 and September. $40. Exercise 20-6 Manufacturing: Direct materials budget P1@ turer in a seasonal industry, is preparing its direct materials budget for t 0 unith in the third quarter Raw material inventory is 43,200 pounds at the ls budget for the second quarter The company wants to end each month with ending finished goods inventory equal to 25% of next month's Finished goods inventory on April is 190 units. Assume July's budgeted production is $40 units Prepare a prodtcton budget for the months of April. May, and June. forecasted sales. Exercise 20-4 Manufacturing: Direct materials budget P1 Refer to th wants to end each month with raw materials inventory equal to inventory for April was 663 pounds. Assume direct materials cost S4 per pound Prepare a direer materials budget for Apri. May. and June. e information in Exercise 20-3. In addition. each fnished unit requires five pounds of aw materials and the company 30% of next month's production needs. Beginning raw materials Exercise 20-5 Manufacturing: Direct labor budget Pl The production budget for Manner Company shows units to be produced as follows July, 620:A Each unit produced requires two hours of direct labor. The direct labor rate is curreaty $20 per hour but is precdicted to be $21 per hour in September. Prepare a direct labor budget for the months July. August, and September us 650 and September. $40. Exercise 20-6 Manufacturing: Direct materials budget P1@ turer in a seasonal industry, is preparing its direct materials budget for t 0 unith in the third quarter Raw material inventory is 43,200 pounds at the ls budget for the second quarter