Reference no: EM131819753
Question - Altuna Products has prepared the following units sales forecast for 2011:
Sales 380,000 units, estimated ending finished goods inventories for December 31, 2011 are 20,000 units and beginning ending fnished goods at Jan 1, 2011 are 8,000 units.
In order to manufacture a unit, Altuna Products uses 5 pounds of Material A and three gallons of material B. The company has no WIP and projects direct materials ending inventories at 12/31/2011 as follows:
Material A 300,000 pounds
Material B 200,000 gallons
Beg. raw materials inv were 200,000 pounds of Material A and 140,000 gallons of material B.
a) Prepare a Production Budget.
b) Prepare a Raw materials purchases budget.
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