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Acme Manufacturing Co. has budgeted the following sales for the first four months of next...

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Accounting

Acme Manufacturing Co. has budgeted the following sales for the first four months of next year: Jan-22 Feb-22 Mar-22 Apr-22 Budgeted Sales (Units) 1,000 900 1,100 1,400 Sales price per unit is $180 Acme's policy is to have 75% of next month's sales in inventory. 12/31/21 Finished Goods Inventory is 755 units. Each unit requires 1 pound of raw material at $35/pound and Acme's policy is to have 50% of next month's raw materials needs in ending inventory. 12/31/21 Raw

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