Production Budget and Direct Materials Purchases Budgets Peanut Land Inc. produces all-natural organic peanut butter. The peanut butter is sold in 12-ounce jars. The sales budget for the first 4 months of the year is as follows:

Unit Sales Dollar Sales ($)
January 36,000 108,000
February 38,000 114,000
March 41,000 123,000
April 43,000 129,000

Company policy requires that ending inventories for each month be 25% of next month’s sales. At the beginning of January, the inventory of peanut butter is 9,300 jars.
Each jar of peanut butter needs two raw materials: 24 ounces of peanuts and one jar set (a glass jar and lid). Company policy requires that ending inventories of raw materials for each month be 10% of the next month’s production needs. That policy was met on January 1.

Prepare a direct materials purchase budget for jars for the month of January and February

See explanation section

Explanation:

                              Peanut Land Inc.

               Direct Materials Purchases Budgets

              For the month of January and February

                                             January                             February

Budgeted sales                    36,000                              38,000

+ ending inventory               9,500                                 10,250

Production available            45,500                              48,250

- beginning inventory           9,300                                 9,500    

Total production                   36,200                              38,750

Per unit material                 24 ounces                         24 ounces

Total raw mater                    868,800                          930,000

+ ending materials                 93,000                             99,600 (1)

Materials available                961,800                         1,029,600

- Beginning inventory            86,880                              93,000

Budgeted Direct materials   874,920                           936,600

Calculation:

(1) Ending materials inventory for February = [(March sales + Ending inventory - Beginning Inventory) × Per unit material] × 10% of the March Production

Therefore, Ending materials inventory for February = [(41,000 + 10,750 - 10,250) × 24 ounces] × 10%

Ending materials inventory for February = 99,600

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!