Current Attempt in Progress Oak Creek Company is preparing its master budget for 2020. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales: Sales for the year are expected to total 1,000,000 units. Quarterly sales are 20%, 25%, 25%, and 30%, respectively. The sales price is expected to be $40 per unit for the first three quarters and $46 per unit beginning in the fourth quarter. Sales in the first quarter of 2021 are expected to be 10% higher than the budgeted sales for the first quarter of 2020. Production: Management desires to maintain the ending finished goods inventories at 20% of the next quarter's budgeted sales volume Direct materials: Each unit requires 2 kg of raw materials at a cost of $10 per kilogram. Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for the first quarter of 2021 are 590.000 kg (a 1) Prepare the sales budget by quarters for 2020, OAK CREEK COMPANY Sales Budget For the Year Ending December 31, 2020 sty - R01 A 25 tahu + BAB 240 Lab 17 Question 2 of 2 -75 (a1) Prepare the sales budget by quarters for 2020 OAK CREEK COMPANY Sales Budget For the Year Ending December 31, 2020 Quarter 2 Year eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Anw 6 D eTextbook and Media Save for Later Attempts:0 of 3 used Submit Answer (a2) The parts of this question must be completed in order. This part will be available when you complete the part above (a3) The parts of this question must be completed in order. This part will be available when you complete the part above A DS E og esc 05 $ 4 5 8. 7 6 3 2 9 0