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Ardier Company produces two products: the custom and the basic. The custom sells for \$30, and the basic sells for s8. Projected sibles of the two models for the coming four quarters are siven below. The president of the company believes that the projected sales are realistic and can bet achieved by the company, In the factory, the production supervisor has received the projected sales figures and gathered information needed to complle production budgets. Hie found that 800 customs and 1,140 basics were in imventory on January 1 . Company policy dictates that ending inventory should equal 20 percent of the next quarter's sales for customs and 10 percent of next quarter's siles for basics. 2. Prepare a separate production budget for each product for each of the first three quarters of the year. Production budget for customs: 2. Prepare a separate production budget for each product for each of the first three quarters of the year. Production budget for customs: Production budget for basics: Production budget for basics