Question: Please Help! Cullumber Company is preparing its master budget for 2022 Relevant data pertaining to its sales, production, and direct materials budgets are as follown.

Please Help!
Please Help! Cullumber Company is preparing its master budget for 2022 Relevant
data pertaining to its sales, production, and direct materials budgets are as

Cullumber Company is preparing its master budget for 2022 Relevant data pertaining to its sales, production, and direct materials budgets are as follown. Sales. 5ales for the year are expected to total 1,280,000 units. Quarteriy sales are 20%,25%,25%, and 30%, respectively. The sales price k expected to be $40 per unt for the first three quarters and $45 per unit beginning in the fourth quarter. 5 ales in the first quarter of 2023 are expected to be 20% higher than the budgeted sales for the first quarter of 2022. Production. Manazement desires to maintain the ending finished goods inventories at 25% of the next quarter's budzeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $12 per pound. Management desires to maintain raw materiaks imentories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2023 are 576,000 pounds: Prepare the production budgets by quarters for 2022 Attempts: 1 of 3 used (c) The parts at this question mast be coepleted in eeder. The part will be avalatie atenyou tomplete the part atore

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