w NWP Assessment Player Ul Appli X ndex.html?launchld-3c833693-1f3d-4132-8d5e-fb68a7292752#/question/1 X 1. 2. Question 2 of 17 On January 1, 2022, the Sheridan Company budgeted the following for the year ended December 31, 2022: 3. 4. 700 580 380

On lanmary 1, 2022, the Sheridan Company budsoted the following for the year ended December 31, 2022. 1. Sales units; First quorter 4,700; second quarter 5,000 ; third quarter 6,700; fourth quarter 7,300 units; First and second quarters of 2023;7,700 units. 2. Ending raw materlais inventory 40% of the next quarter's production requirements 3. Ending finished soods inventory: 30%5 of the next quarter 5 expected sales in units. 4. Desired production for first quarter of 2023 is 7,700 -units. 3 kilozrams of caw materials are needed to make each unit of fuished goods. Raw materials purchased are expected te cost 33 per kilogram Prepare production budget and a direct materials budgat by quarters for the year ended December 31, 2022. On lanmary 1, 2022, the Sheridan Company budsoted the following for the year ended December 31, 2022. 1. Sales units; First quorter 4,700; second quarter 5,000 ; third quarter 6,700; fourth quarter 7,300 units; First and second quarters of 2023;7,700 units. 2. Ending raw materlais inventory 40% of the next quarter's production requirements 3. Ending finished soods inventory: 30%5 of the next quarter 5 expected sales in units. 4. Desired production for first quarter of 2023 is 7,700 -units. 3 kilozrams of caw materials are needed to make each unit of fuished goods. Raw materials purchased are expected te cost 33 per kilogram Prepare production budget and a direct materials budgat by quarters for the year ended December 31, 2022