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Prepare a direct materials budget for each of the quarters

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Reference no: EM133068716

Question - XYZ has the following production budget for 2022:

2022 Quarter 1 3,000 Units

2022 Quarter 2 8,000 Units

2022 Quarter 3 5,000 Units

2022 Quarter 4 6,000 Units

Each unit requires 4 pounds of materials costing $6 per pound. At the beginning of 2022 the Raw Materials inventory was 1,200 pounds. Management desires to have ending Raw Materials Inventory at the end of each quarter of 10% of the following quarter's materials needs.

Required - Prepare a Direct Materials Budget for each of the quarters of 2022.

Reference no: EM133068716

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