Make a production budget using the information provided.

To prepare a master budget for Apoil, May, and June of 2021, management gathers the following information: - Sales for March total 20,500 units. Forecasted sales in units are as follows: April, 20,500; May, 19,500; June, 20,000; and July, 20,500. Sales of 240.000 units are forecasted for the entire year. The product's selling price is $23.85 per unit and its total product cost is $19.85 per unit - Company policy calls for a given month's ending raw materials inventory to equal 50% of the next month's materials requirements. The March 31 raw materials inventory is 4,925 units, Which complies with the policy. The expected June 30 ending raw materials inventory is 4,000 units. Raw materials cost $20 per unit. Each finished unit sequires 0.50 units of raw materials. - Company policy calls for a given month's ending finished goods inventory to equal 80% of the next month's expected unit sales. The March 31 finished goods inventory is 16.400 units, which complies with the pollcy. - Each frnished unit requires 0.50 hours of direct labor at a rate of $15 perhour: - Oyerhead is allocated based on direct labor hours. The predetermined variable overhead rate is $2.70 per direct labor hour. Depreciation of $20.000 permonth is treated as foxed factory overhead. - Sales representatives' commissions are By of sales and are paid in the month of the sales. The sales manager's monthly salary is $3,000. - Monthly general and administrative expenses include $12.000 administrative salaries and 0.9% monthly interest on the long-term note payable