Chapter 21 Homework Navigation 1 2 Finish attempt ... 3 4 Question 4 Not complete Marked out of 18.00 P Flag question Month October Production and Purchases Budgets At the beginning of October, Comfy Cushions had 1,600 cushions and 10,500 pounds of raw materials on hand. Budgeted sales for the next three months are: 8,000 cushions November 10,000 cushions December 13,000 cushions Sales Required a. Prepare a production budget for October and November. Do not use a negative sign with your answers. Comfy Cushions wants to have sufficient raw materials on hand at the end of each month to meet 25 percent of the following month's production requirements and sufficient cushions on hand at the end of each month to meet 20 percent of the following month's budgeted sales. Five pounds of raw materials, at a standard cost of $0.90 per pound, are required to produce each cushion. Comfy Cushions Production Budget For the Months of October and November Unit Sales Desired ending inventory Finished goods requirements Less beginning inventory Production requirements Check b. Prepare a purchases budget in units and dollars for October. Do not use a negative sign with your answers. October November December Previous Production requirements Desired ending inventory Raw materials requirements Less beginning inventory Purchase requirements (units) Purchase requirements (in dollars) $ Comfy Cushions Purchases Budget For the Month of October eBook October November Save Answers Print Finish attempt...

Production and Purchases Budgets At the beginning of October, Comfy Cushions had 1,600 cushions and 10,500 pounds of raw materials on hand. Budgeted sales for the next three months are: Comfy Cushions wants to have sufficient raw matenals on hand at the end of each month to meet 25 percent of the followng month's production requirements and sutficient cushions on hand at the end of each month to meet 20 percent of the following months budgeted sales. Five pounds of raw materiaks, at a standard cost of $0.90 per pound, are required to produce each cushion. Required a. Prepare a production budget for October and November. Do not use a negative sigr with your answers b. Prepare a purchases budget in units and dollars for October. Do not use a negative sign with your answers