Bonita Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022. January February March April May Estimated unit sales 10,800 12,600 11,700 9,900 9,900 Unit selling price $60 $57.5 $57.5 $57.5 $57.5 Direct labor hours per unit 2.0 2.0 1.5 1.5 1.5 Direct labor cost per hour $6.0 $6.0 $6.0 $7.0 $7.0 Bonita has a labor contract that calls for a wage increase to $7.0 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Bonita expects to begin the year with 15,840 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 40% of the second following month's sales. (a) Prepare a production budget for Bonita Company by month and for the first quarter of the year. : Jan BONITA COMPANY Production Budget For the Quarter Ending March 31, 2022 Feb Mar r the first quarter of the year. Mar Total