Bonita Company is preparing its master budget for 2022 . Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales. Sales for the year are expected to total 900,000 units. Quarterly sales are 21%,27%,23%, and 29%, respectively. The unit selling price is expected to be $38 for the first three quarters and $47 beginning in the fourth quarter. Sales in the first quarter of 2023 are expected to be 15% higher than the budgeted sales for the first quarter of 2022. Production. Management desires to maintain the ending finished goods inventories at 20% of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $11 per pound. Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2023 are 405,000 pounds. Prepare the sales, production, and direct materials budgets by quarters for 2022 . Prepare the sales, production, and direct materials budgets by quarters for 2022 . BONITA COMPANY Production Budget Quarter 2 BONITA COMPANY Direct Materials Budget