Anderson Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unt sales of the planters each month to be solows: Click the icon to view additional information.) Inventory at the start of the year was 975 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires four pounds of polypropylene a type of plastic). The company wants to have 30% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $020 per pound Read the requirements. Requiremont 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quere. Anderson Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales 3,000 3.200 3,700 10.800 Plus Desired ending inventory Total needed 975 Loss Beginning inventory Units to produce Number of planters to be sold . January February 3,900 3,200 3,700 4,400 March April May 4,900 . 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased