Question: Part 1 is done, please help with the second part. On January 1, 2020, the Blossom Company budget committee has reached agreement on the following



On January 1, 2020, the Blossom Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2020 Sales units Ending raw materials inventory: Ending finished goods inventory: Third-quarter production: First quarter 5,000; second quarter 6.900; third quarter 8,000, 40% of the next quarter's production requirements. 25% of the next quarter's expected sales units. 7,640 units. The ending raw materials and finished goods inventories at December 31.2010. follow the same percentage relationships to production and sales that occur in 2020.5 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $6 per pound. Prepare a production budget by quarters for the 6-month period ended June 30, 2020 BLOSSOM COMPANY Production Budget Prepare a production budget by quarters for the 6-month period ended June 30, 2020 BLOSSOM COMPANY Production Budget For the Six Months Endine June 30, 2020 Quarter Six 2 Months Unit Sales 5000 6900 Desired Ending Finished Goods Unit 1725 2000 Ured Units 6725 8900 Beginning Finished Goods Unt 1250 1725 Production Units 5475 7175 12650 Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2020. BLOSSOM COMPANY Direct Materials Budget Quarter 1 2 Six ! >> > 1 1 2 Six Mont >
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