a. A sales budget for June. b. A production budget for June. E7-2. Production Budget and Direct Materials Budget LO2 Similar to Recall and Review 1 The sales department of F. Pollard Manufacturing Co. has forecast sales in March to be 20,000 units. Additional information follows: nd Finished goods inventory, March 1 Finished goods inventory required, March 31. 3,000 units 1,000 units Materials used in production: t Required Inventory Inventory March 1 March 31 500 gal 1,000 gal 1,000 lb 1,000 lb Standard Cost $2 per gal $1 per lb et A lone gallon per unit) .................. B (one pound per unit) Prepare the following: a. A production budget for March (in units). b. A direct materials budget for the month (in units and dollars)