138 Exercise 4-25 A sales budget for the first five months of 2021 is given on a certain product line manufactured by Boots Styles, Inc. Sales budget in units January February 157,000 162,000 March 204,000 April May 223,000 245,000 The inventory of finished products at the end of each month is equal to 20% of the sales estimate for the next month. This requirement is expected to be met by Jan. 1. No work is in process at the end of each month. Each unit of product requires two types of raw materials as follows: Material A ½ unit Material B 6 units The estimated cost of Material A is P5.00 per unit, and the estimated cost of Material B is PO.60 per unit. Materials equal to 30% of next month's production needs are to be on hand at the end of each month. This requirement is expected to be met on Jan. 1. REQUIRED: 1. Prepare a production budget for the first quarter of 2021 broken down by months. Include a total column.

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20-24 i Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal to 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 201 units. Prepare a production budget for the months of April, May, and June. с raw ill Budgeted sales units. Next period budgeted sales units Ratio of inventory to future sales Total required units Units to produce April 670 FCYNE May 750 RUIZ COMPANY Production Budget April June 700 750 30% July 790 May 700 30% June 790 30% k -- Q Search < Prev 200

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Question 9