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Oriole Company's sales budget projects unit sales of part 1987 of 8,800 units in January 10,400 units in February; and 11,200 units in March. Each unit of part 1982 requires 4 pounds of materials, which cost $2 per pound. Oriole Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2021. (a) Prepare a production budget for January and February 2022. ORIOLE COMPANY Production Budget January February
(a) Prepare a production budget for January and February 2022. ORIOLE COMPANY Production Budget Ja Direct Material Pounds Per Unit Expected Unit Sales Beginning Direct Materials Total Required Units Total Pounds Needed for Production Direct Materials Purchases Units To Be Produced Desired Ending Finished Goods Inventory Total Materials Required Total Cost of Direct Materials Purchases Desired Pounds in Ending Materials Inventory Cost Per Pound Beginning Finished Goods Inventory Required Production Units (b) The parts of this question must be completed in order. This part will be available wher