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Troy Corporation has the following budgeted sales for the selected four month period: There were units of finished goods in inventory at the beginning of

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Troy Corporation has the following budgeted sales for the selected four month period: There were units of finished goods in inventory at the beginning of October. Plans are id have an inventory of finished product equal to 25 percent of the unit sales for the next month. Five pounds of a single raw material are required for each unit produced. Each pound of material costs $10. Plans are to have inventory levels for materials equal to 30 percent of the amount of materials needed to safety next month's production and 168,000 units of raw material on hand at the end of December. Materials inventory on October 1 was 120,000 pounds. a Prepare a production budget in units for October, November and December b. Prepare a purchase budget in pounds and dollars for October, November & December

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