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What is the forecast required labour hours budget

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Question - Greenvale Furniture has projected sales of its furniture for the following months.

January 180 units

February 270 units

March 160 units

April 150 units

Each finished product requires 2 units of raw material and 3 hours of direct labour. The company tries to maintain an ending inventory of finished goods equal to the next two months of sales and an ending inventory of raw materials equal to half of the current month's usage.

1. What is the forecast production (units) budget of finished goods for February?

2. What is the forecast raw materials (units) acquisition budget for February?

3. What is the forecast required labour hours budget for February?

Reference no: EM133124724

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