1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased 2. Hottman Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first tive months of the upcoming year show the estimated unit sales of the planters each month to be as follows: EEE (Click the icon to view additional information.] Inventory at the start of the ear was 800 planters. The desired inventory of plante at the end or each month should be equal to 25% of the following month's budgeted sales. Each planter requires two pounds or polypropylene a type o plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.10 per pound. Read the requirements Requirement 1. Prepare a production budget for each month in the first quarter of the year, Including production in units for each month and for the quarter Hoftman Manufacturing Production Budget For the Months of January through March Data Table January February March Quarter Number of planters to be sold 3,200 750 3,950 1200 2750 3,000 875 3,875 400 2475 3,500 1,075 4,575 1720 2855 9,700 Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce 3,200 3,000 3,500 4.300 4,600 January 10,775 1200 9575 March April May