xam $3$ Bonus Problem

Question $10$ of $10$

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Blossom Industries has adopted the following production budget for the first $4$ months of $2022.$

$\backslash$table$[[$Month$,$Units,Month,Units$],[$January$,8,000,$March,$4,000],[$February$,6,400,$April,$3,200]]$

Each unit requires $2$ pounds of raw materials costing $$3$ per pound. On December $31,2021,$ the ending raw materials inventory was $3,200$ pounds. Management wants to have a raw materials inventory at the end of the month equal to $20\%$ of next month's production requirements.

Prepare a direct materials purchases budget by month for the first quarter.

BLOSSOM INDUSTRIES

Direct Materials Purchases Budget

$q,$ February