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\mathrm{.}20$ per pound.

Read the requirements.

Data table

Requirement $1.$ Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter.

Production Budget

For the Months of January through March

Start by preparing the direct materials budget through the total quantity needed, then complete the budget.