Answer:
Hardin Company
Production budget
For the first semester of 2020
First quarter Second quarter Total
Sales units 5,200 6,700 11,900
Planned ending 1,675 1,750 1,750
<u>inventory </u>
Total production 6,875 8,450 13,650
required
<u>- beginning inv. -1,300 -1,675 -1,300 </u>
Units to be 5,575 6,775 12,350
produced
Hardin Company
Raw materials budget
For the first semester of 2020
First quarter Second quarter Total
Units to be 5,575 6,775 12,350
produced
Materials required 3 3 3
<u>per unit </u>
Materials needed 16,725 20,325 37,050
for production
Planned ending 8,130 8,856 8,856
<u>inventory </u>
Total materials 24,855 29,181 45,906
needed
<u>- beginning inv. -6,690 -8,130 -6,690 </u>
Materials to be 18,165 21,051 39,216
purchased
<u>Cost per unit $5 $5 $5 </u>
Total cost of $90,825 $105,255 $196,080
direct materials
