Exercise $7-3($Algo$)$ Manufacturing: Production budget LO P$1$

Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending

finished goods inventory equal to $20\%$ of next month's budgeted unit sales. Finished goods inventory on April $1$ is $124$ units. Prepare a

production budget for the months of April, May, and June.

Exercise $7-7($Algo$)$ Manufacturing: Direct materials budget LO P$1$

Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of $280,000$ units in the second

quarter and $66,500$ units in the third quarter. Each unit requires $0\mathrm{.}70$ pound of direct material, priced at $$189$ per pound. Starting with

the second quarter, the company plans to end each quarter with an ending inventory of materials equal to $60\%$ of next quarter's

budgeted direct materials required. Raw material inventory is $117,600$ pounds at the beginning of the second quarter.

Prepare a direct materials budget for the second quarter.

Note: Enter "per unit" answers in two decimal places.