12 (6 points) The sales department of ACME Company has submitted the following forecast of unit sales for the year 2023: Units to be sold January 600 February 900 March 700 April May 800 500 Management wants to end each month with finished goods inventory of 25% of the following month's sales. Each unit requires five pieces of direct material, and there must be an ending inventory of material each month of 10% of the following month's production needs. Each unit also requires 3.5 direct labour hours to produce at a direct labour rate of $41 per hour. Required: 1. Prepare the production budget, in good form, for the month of March. (3 marks) 2. Prepare the direct labour budget, in good form, for the month of March. (3 marks) Paragraph BI U Part 1 A/ ACME Company Production Budget For the Month Ending March 31, 2023