Kindly solve this step by step. Q No.3 A sales budget for the first...
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Q No.3 A sales budget for the first five months of 19A is given for a particular product line manufactured by Kachler Co. Ltd. Sales budget in units Jan 10,800 Feb 15,600 March 12,200 April 10,400 May 9,800 The inventory of finished products at the end of each month is to be equal to 25% of the sales estimate for the next month. On January 1, there were 2700 units of product on hand. No work is in process at the end of any month. Each unit of product requires two types of materials in the following quantities: Material A: 4 units Material B: 5 units Material equal to one-half of the next month's requirements are to be on hand at the end of each month. This requirement was met on January 1, 19A. Prepare a budget showing the quantities of each type of material to be purchased each monthly for the first quarter of 19A
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