Req A1 Req A2 Req B Prepare schedules computing inventory budgets by months for raw materials purchases in pounds for April and May. May Schedule Computing Raw Materials Inventory Purchase Budget (Pounds) For April and May April Budgeted Production needs in pounds Inventory required at end of month Total pound needs 0 Less: Inventory on hand at beginning of month Balance required to purchase 0 Budgeted purchases Pounds 0 0 18 Sales revenue Cash discounts on sales Estimated bad debts 0 10 points Net Sales $ 0 Cost of Sales: Variable cost Fixed Cost 0 $ 0 Expenses: Selling expense Administrative expense Interest expense o Operating profit $ 0