Problem 4 16 points Total Prepare the Budgets given the following information Budgeted sales are expected to be: Units 300 Units 400 Units 300 Units 400 Units March Selling Price O Per unit A. Prepare the sales Budget Sales Budget Budected sales in units Times selli Budgeted sells in dollars are the Production B (5 points) Desired ending invento 20% of next months Sales Assume beginning inventory for January meet 20% of the current month Sales in units Add desired ending Inv Total needs Less Beginning Inv Production in units are the materials Purchase Budget (6 points) of next month's needs in poun (assume this was met for January's beginning) Desired inven Material per unit Material cost 0 3pounds 0.50 per pound PRODUCTION in units times materials per unit in lbs Production need in lbs. Total necds Less beR. Inv Materials to be Purch Times cost Total Cost of Purchases