3. The marketing department of Graber Corporation has submitted the following sales forecast for the upcoming financial year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sale. 16,000 15,000 14,000 15,000 The selling price of the company's product is $22.00 per unit. The company expects to start the first quarter with 3,200 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 20% of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is 3,400 units. Required: A. Prepare the company's sales budget for all four quarters. B. Prepare the company's production budget for all four quarters