Requirement 3. Prepare the direct material usage and purchases budgets for 2015

Requirement 3. Prepare the direct material usage and purchases budgets for 2015 Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget Direct Material Usage Budget in Quantity and Dollars For the Year Ended December 31, 2015 Material Wood Fiberglass Total Physical Units Budget Direct materials required for 50,400 43,200 Snowboards Cost Budget Available from beginning direct materials inventory yds (under a FIFO cost-flow assumption) Wood 2070 Fiberglass 1070 To be purchased this period Wood Fiberglass Direct materials to be used this period Enter any number in the edit fields and then click Check