Bramble 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 11,520 13,440 12,480 10,560 10,560 $50 $47.5 $47.5 $47.5 $47.5 Unit selling price Direct labor hours per unit Direct labor cost per hour 20 2.0 1.5 1.5 1.5 $8.0 $8.0 $8.0 $9.0 $9.0 Bramble 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. Bramble expects to begin the year with 16.896 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 Bramble Company by month and for the first quarter of the year. BRAMBLE COMPANY Production Budget For the Quarter Ending March 31, 2022 Jan Feb Mar in Units 11520 13440 1 : Desired Ending Inventory Required Units Beginning Inventory ired Production Units