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Determine the production and materials purchases budgets

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Reference no: EM132075013

Question - Whites Corporation's budget calls for the following sales for next year:

Quarter 1 $90,000 units

Quarter 2 $76,000 units

Quarter 3 $68,000 units

Quarter 4 $96,000 units

Each unit of the product requires 3 pounds of direct material. The company's policy is to begin each quarter with an inventory of product equal to 5% of that quarters estimated sales requirements and an inventory of direct materials equal to 20% of the quarters estimated direct materials requirements for production.

Determine the production and materials purchases budgets for the second quarter.

Reference no: EM132075013

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