#$1$: Top Cow Milk Company has the following Budgeted Unit Sales for the year $2024$:

First quarter: $40,000$ units

Second quarter: $48,000$ units

Third quarter: $55,000$

Fourth quarter: $60,000$

First quarter of $2025$: $70,000$

Top Cow Milk desires a quarterly ending finished goods inventory equal to $20\%$ of the next

quarter's budgeted unit sales. It started the year of $2024$ with $8000$ units.

Four quarts of raw material are required to complete one unit of product. The company

required $10\%$ of ending raw materials inventory at the end of each quarter equal to $10\%$ of

the following quarter's production needs. At the beginning of $2024,$ the company had

$32,000$ units $($quarts$)$ of raw materials on hand. Additional details needed for the first

homework problem:

$--$the selling price per unit is $$10$

$--$The desired ending units in Finished Good Inventory for the year is $10,000$ units

$--$The cost of raw material per unit is $$2$

A$)$ Prepare a Sales Budget for all four quarters of $2024$

B$)$ Prepare a Production Budget for all four quarters of $2024$

C$)$ Prepare a Direct Materials Budget for all four quarters of $2024$