Blue Company's sales budget projects unit sales of part 1982 of 10,700 units in January 12,500 units in February, and 14,000 units in March. Each unit of part 1982 requires 4 pounds of materials, which cost $5 per pound. Blue Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2016. (a) Prepare a production budget for January and February 2017. BLUE COMPANY Production Budget January February