Betty's Beautiful Baskets, a manufacturing business that sells baskets, wants a master budget prepared for the first three months of this year (January, February and March) The managers of the different departments have provided the following information The Sales Manager has projected the following sales o January o February 4,000 units o March 5,000 units 6,000 units 5,000 units 11,250 units ril o May o Projected selling price is $35.00/unit Your Production Manager gave the following information o Ending Inventory is to be 20% of next month's production needs o April's Projected Sales 5,000 units o December 20X5 Ending Inventory was 1,000 units and December unit cost was $23.50 The Manufacturing Manager has estimated the following o Each unit will require 4 grams of material o Material in Ending Inventory is 20% of next month's needs o December's Ending Material Inventory was 4,800 g o Projected cost of material: $2.50/gram The Personnel Manager has estimated that Direct Labor will be projected at: o 0.75 hours of Direct Labor per unit o Direct Labor Cost: $8.50/hour Betty's Beautiful Baskets, a manufacturing business that sells baskets, wants a master budget prepared for the first three months of this year (January, February and March) The managers of the different departments have provided the following information The Sales Manager has projected the following sales o January o February 4,000 units o March 5,000 units 6,000 units 5,000 units 11,250 units ril o May o Projected selling price is $35.00/unit Your Production Manager gave the following information o Ending Inventory is to be 20% of next month's production needs o April's Projected Sales 5,000 units o December 20X5 Ending Inventory was 1,000 units and December unit cost was $23.50 The Manufacturing Manager has estimated the following o Each unit will require 4 grams of material o Material in Ending Inventory is 20% of next month's needs o December's Ending Material Inventory was 4,800 g o Projected cost of material: $2.50/gram The Personnel Manager has estimated that Direct Labor will be projected at: o 0.75 hours of Direct Labor per unit o Direct Labor Cost: $8.50/hour