96 97 Problem 4 (10 points) 98 Complete the production budget. Desired ending inventory is 40% of next month's sales. 99 Assume this was met for March and carried to April's beginning inventory. July sales are expected to be 7,000 units. 100 Total April 4,000 May 5,000 June 6,000 101 102 Sales (Units) 103 Desired ending Inventory 104 Total needs 105 Less Beg. Inv. 106 Units to produce 107 108 + 109 110 111 112 113 Problem 5 (6 points each = 12 points) Direct material Price Variance is (AQ AP) - (AQSP) or (AP - SP)AQ. A company developed the following per-unit standard for its product direct materials at S6 per pound. Last month, 2,000 pounds of direct materials were actually