A company uses 2 kgs raw material and 8 working hours to manufacture a product. The sales budget for the first half year is the following: 400, 500, 700, 800, 700, 600 units. According to the company policy the ending inventory of the finished goods should be the following month's sales, the ending inventory for the raw material should be 50% of the usage of the same production period. The beginning inventory of January will be as expected. The cost of the raw material in the first quarter is 15 USD/kg, and 18 USD/kg in the second quarter. Wage is 10 USD/hour. Prepare a production budget for March-April-May! Use the following abr. Beginning inventory: BI, Ending Inventory: El, Sales: S, Units to produce: P. March April May Total S 700 800 700 2200 P