Budgeting Production and Purchases and Just-In-Time Materials Inventory The sales forecast for the third quarter is 12,000 units at $300 each. Budgeted purchase costs are $10 per pound for 8.57 per pound for G and $20 per component for K. Donotuse negative sigus with any of your answers below. a. Prepare the production budges for Hancack Manufacturing, Inc., for the third puarter of 2015. b. Prepare the direct materlal budget for Hancock Manutacturing, Inc. for the third quarter ot 2019