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 13.920 16.240 15.080 12,760 12.760 $50 $47.5 $475 $47.5 $475 Unit selling price Direct labor hours per unit Direct labor cost per hour 20 2.0 15 1.5 15 $80 $8.0 $8.0 $9.0 $9.0 Bonita has a labor contract that calls for a wage increase to $9.0 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 20,416 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 months sales. (a) x Your answer is incorrect Prepare a production budget for Bonita Company by month and for the first quarter of the year, BONITA COMPANY Production Budget Jan Feb HOTTE Lola e Textbook and Media Solution Attempts: 3 of 15 used some