Backyard Warehouse makes backyard birdfeeders. The company sells the birdfeeders to home improvement stores for $11 per birdfeeder. Each birdfeeder requires 2.0 board The company would also like to maintain an ending stock of finished birdfeeders equal to 20% of the next month's sales. Sales data for the company is as follows feet of wood, which the company obtains at a cost of S8 per board foot. The company would like to maintain an ending stock of wood equal to 15% of the next month's (Click the icon to view the sales data.) production requirements (Click the icon to view additional data) Read the requirements Requirement 1. Prepare the sales budget for the first three months of the year, as well as a summary budget for the quarter, including a separate section that details the type of sales made (cash versus credit.) Data Table - X Backyard Warehouse Sales Budget For the Quarter Ended March 31 Month January February Unit sales 79,000 87.000 Multiply by: Sales price per unit S 11 S 11 S Total sales revenue $ 889,000 S 957,000 5 March Quarter 97,000 263,000 11 S 1,087,000 $ 2.893,000 October actual sales (prior year)....... November actual sales (prior year)...... December actual sales (prior year).... January projected sales .......... February projected sales ......... March projected sales April projected sales...... . .. Units 87,000 80,000 82,000 79,000 87,000 97,000 106,000 Cash sales $ 130,350 $ 143,550 $ 160,050 $ 433,950 Credit sales 738,650_ 813.450_ 906.950_2.459.050 Total sales revenue S 889.000 957.000 1.087.000 2.893,000 Requirement 2. Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter Print Done More Info Backyard Warehouse Production Budget For the Quarter Ended March 31 In any given month, 15% of the total sales are cash sales, while the remainder are credit sales Month Quarte The company's collection history indicates that 70% of credit sales is collected in the month after the sale 20% is collected two months after the sale, 6% is collected three months after the sale, and the remaining 4% is never collected January February March Unit Sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce Enter any number in the edit fields and then click Check Answer Assume that the total cost of direct materials purchases in December was $590,000. The company pays 55% of its direct materials purchases in the month of purchase, and pays the remaining 45% in the month after purchase Print Done 2 parts Clear A Check