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Determine the production budget for the second quarter

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Reference no: EM132490943

Question - White Corporation's budget calls for the following sales for next year:

Quarter 1

90,000 units

Quarter 3

68,000 units

Quarter 2

76,000 units

Quarter 4

96,000 units

Each unit of the product requires 3 pounds of direct materials. The company's policy is to begin each quarter with an inventory of product equal to 5% of that quarter's estimated sales requirements and an inventory of direct materials equal to 20% of that quarter's estimated direct materials requirements for production.

Required -

1. Determine the production budget for the second quarter.

2. Determine the materials purchases budget for the second quarter.

Reference no: EM132490943

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