Question 1 (15 points) A sales budget is given below for one of the products manufactured by the Key Co.: January February March April 4 3 May June The inventory of finished goods at the end of each month should equal 20% of the next month's sa However, on December 31, the finished goods inventory totalled only 4,000 units. Each unit of product requires three specialized electrical switches. Since the production of these s switches by Key's suppliers is sometimes irregular, the company has a policy of maintaining an en inventory at the end of each month equal to 30% of the next month's production needs. This requir been met on January 1 of the current year. Required: (Show all your calculations) Prepare a budget showing the quantity of switches to be purchased each month for January, Febru March, and in total for the quarter.