please help!! Pargo Company is preparing its master...

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Accounting

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Pargo Company is preparing its master budget for 2020 . Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Soles. Sales for the year are expected to total 1,700,000 units. Quarterly sales are 18%,23%,24%, and 35%, respectively. The sales price is expected to be $41 per unit for the first three quarters and $43 per unit beginning in the fourth quarter. 5 ales in the first quarter of 2021 are expected to be 15% higher than the budgeted sales for the first quarter of 2020 . Production. Management desires to maintain the ending finished goods inventories at 25% of the next quarter's budgeted sales volume. Direct moteriak. Each unit requires 2 pounds of raw materials at a cost of $12 per pound. Management desires to maintain raw materials imventories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2021 are 494,000 pounds. Prepare the sales, production, and direct materials budgets by quarters for 2020

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