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28 Sep 2019
Fuqua Companyâs sales budget projects unit sales ofpart 198Z of 12,800 units in January, 15,300 units in February, and17,500 units in March. Each unit of part 198Z requires 3 pounds ofmaterials, which cost $4 per pound. Fuqua Company desires itsending raw materials inventory to equal 40% of the next monthâsproduction requirements, and its ending finished goods inventory toequal 20% of the next monthâs expected unit sales. These goals weremet at December 31, 2013.
A) Prepare a production budget for January andFebruary 2014.
B) Prepare a direct materials budget for January2014
Fuqua Companyâs sales budget projects unit sales ofpart 198Z of 12,800 units in January, 15,300 units in February, and17,500 units in March. Each unit of part 198Z requires 3 pounds ofmaterials, which cost $4 per pound. Fuqua Company desires itsending raw materials inventory to equal 40% of the next monthâsproduction requirements, and its ending finished goods inventory toequal 20% of the next monthâs expected unit sales. These goals weremet at December 31, 2013.
A) Prepare a production budget for January andFebruary 2014.
B) Prepare a direct materials budget for January2014
Trinidad TremblayLv2
28 Sep 2019