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Name SID No PROBLEM 442 The Maverick Company manufactures and sells three products: X, Y, and Z. In September, 2003, Maverick's budget department gathered the following forecast date related to its operations in the coming year. Projected Sales for Fourth Quarter Item Quantity Unit Price Product X 4,500 $12 Product Y 2,000 $25 Product Z 3,000 $20 Desired Ending Item Product X Product Y Product Z Inventories in Units Beginning 600 500 Materialeroduet A 400 900 400 : 500 2,500 2,000 2,000 2,000 1,500 2,500 Preduet B Prouuret C N Materials Production Requirements for Each Unit of Product Unit of Unit of Unit of Item Material A Material B Material C Product X Product Y 2 2 4 Product Z 3 2 3 2 1 There is no beginning or ending inventory of work in process. Budgeted unit costs for materials A, B, and Care $.50, $2.00, and $1.50, respectively. Required: (1) Prepare a sales budget that includes quantities and revenues for each of the three products. (2) Prepare a production budget for all three products. (3) Prepare a materials usage budget.in Units & Amount (4) Prepare a materials purchases budget. in Units & Amount