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White Corporation's budget calls for the following sales for next year. Quarter 1 Quarter 2 92,000 units 79,000 unit Quarter 3 Quarter 4 65,600
White Corporation's budget calls for the following sales for next year. Quarter 1 Quarter 2 92,000 units 79,000 unit Quarter 3 Quarter 4 65,600 units 96,400 units Each unit of the product requires 2 pounds of direct materials. The company's policy is to begin each quarter with an inventory of product equal to 5% of that quarter's estimated sales requirements and an inventory of direct materials equal to 20% of that quarter's estimated direct materials requirements for production. Required: 1. Determine the production budget for the second quarter. 2. Determine the materials purchases budget for the second quarter. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the production budget for the second quarter. WHITE CORPORATION Budgeted sales Production Budget 2nd Quarter Desired ending inventory Total units needed Beginning inventory Total units to produce
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