Your answer is partially correct. Try again. Pargo Company is preparing its master budget for 2020. Relevant data pertaining to its sales, production, and direct materials budgets are as follows Sales. Sales for the year are expected to total 2,000,000 units. Quarterly sales are 21%, 27%, 23%, and 29%, respectvelyThe tales ence is ereted to be sa unit for the first three quarters and $47 per unit beginning in the fourth quarter sales in the first quarter of 2021 are expected to be 15% highe than the budgeted sales for the first quarter of 2020. Production, Management desires to maintain the ending finished goods inventories at 20% of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $11 per pound. Management desires to maintain raw materials inventories at 10 quarter's production requirements. Assume the production requirements Prepare the sales, production, and direct materials budgets by quarters for 2020 Quarter Year Expected Unit Sales 420000 540000 46000 N P Total Required Units 528000 6320 576000 1893400 Less IT Beginning Finished Goods units T- Required Production Units 444000 524000 188180 20270000 PARGO COMPANY Direct Materials Budget For the Year Ending December 31, 2020 Quarter Year