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  1. business
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  3. white corporation's budget calls for the following

White Corporation's budget calls for the following sales for next year: Quarter 1101,000 units...

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Question

Accounting

White Corporation's budget calls for the following sales for next year:
Quarter 1101,000 units Quarter 369,800 units
Quarter 285,000 units Quarter 4101,200 units
Each unit of the product requires 5 pounds of direct materials. The company's policy is to begin each quarter with an inventory of product equal to 5% of that quarter's estimated sales requirements and an inventory of direct materials equal to 20% of that quarter's estimated direct materials requirements for production.
Required:
Determine the production budget for the second quarter.
Determine the materials purchases budget for the second quarter.
Complete this question by entering your answers in the tabs below.
Required 1
Determine the production budget for the second quarter.
\table[[WHITE CORPORATION],[Production Budget],[2nd Quarter],[Budgeted sales,],[Desired ending inventory,],[Total units needed,],[Beginning inventory,],[Total units to produce,]]
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