\#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 month'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