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Prepare a direct materials budget for january

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Reference no: EM133148392

Question - Bonita Company's sales budget projects unit sales of part 1982 of 9,000 units in January, 10,600 units in February, and 11,900 units in March. Each unit of part 1987 requires 4 pounds of materials, which cost $2 per pound. Bonita 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. Prepare a direct materials budget for January 2022.

Reference no: EM133148392

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