Problem 1 beau companys sales budget projects unit sales of, Ask an Expert

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Problem 1
Beau Company's sales budget projects unit sales of part 198Z of 10,000 units in January, 12,000 units in February, and 13,000 units in March. Each unit of part 198Z requires 2 pounds of materials, which cost $4 per pound. Beau Company desires its
ending raw materials inventory to equal 20% of the next month's production requirements, and its ending finished goods inventory to equal 25% of the next month's expected unit sales. These goals were met at December 31, 2010.

Instructions
(a) Prepare a production budget for January and February 2011.
(b) Prepare a direct materials budget for January 2011.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9959006

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