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Fuqua Company’s sales budget projects unit sales of part 198Z of11,000 units in January, 16,000 units in Febuary, and 18,600 unitsin March. Each unit of part 198Z requires 2 pounds of materialswhich cost $2 per pound. Fuqua Company desires its ending rawmaterials inventory to equal 40% of the next month’s productionrequirements, and its ending finished goods inventory to equal 30%of the next month’s expected unit sales. These goals were met atDecember 31, 2013

1.Prepare a production budget for January and Febuary 2014

2. Prepare a direct materials budget for January 2014

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Jean Keeling
Jean KeelingLv2
28 Sep 2019

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Niwot Company’s sales budget projects unit sales of part 198Z of12,600 units in January, 15,800 units in February, and 16,800 unitsin March. Each unit of part 198Z requires 2 pounds of materials,which cost $5 per pound. Niwot Company desires its ending rawmaterials inventory to equal 40% of the next month’s productionrequirements, and its ending finished goods inventory to equal 20%of the next month’s expected unit sales. These goals were met atDecember 31, 2013.

1. Prepare a production budget for January and February2014.

2. Prepare a direct materials budget for January 2014

Fuqua Company’s 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 month’sproduction requirements, and its ending finished goods inventory toequal 20% of the next month’s 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

Ortiz Company's sales budget projects unit sales of part 198Z of10,000 units in January, 12,000 units in February, and 13,000 unitsin March. Each unit of part 198Z requires 2 pounds of materials,which cost $3 per pound. Ortiz Company desires its ending rawmaterials inventory to equal 40% of the next month's productionrequirements, and its ending finished goods inventory to equal 25%of the next month's expected unit sales. These goals were met atDecember 31, 2010.


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2. Prepare a direct materials budget for January 2011. (Enter allamounts as positive amounts and subtract where necessary.)

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