Question: Please answer all parts correctly (as best as possible). Also needed quickly. Crest Products expects the following sales of its single product: Required: Crest has

Please answer all parts correctly (as best as possible). Also needed quickly.  Please answer all parts correctly (as best as possible). Also needed
quickly. Crest Products expects the following sales of its single product: Required:

Crest Products expects the following sales of its single product: Required: Crest has an ending finished goods inventory policy of 30% of the next month's sales needs. September 1 inventory is projected to be 5,300 units. Each finished unit requires 2 units of Component X and 3 units of Component Z. August 1 materials inventory includes 6,000 units of Component X and 164,000 units of Component Z. Crest desires to maintain a Component X inventory equal to 10% of next month's production needs and a Component Z inventory equal to 20% of next month's production needs. a. Prepare a production budget for Crest for the quarter ending December 31 . b. Prepare a direct materials purchases budget for Component Z for quarter ending December 31 . Assume a desired ending inventory for Component Z of 15,000 units at December 31 , and a constant unit cost of $4 per lb

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