Crane Company is preparing its master budget for 2022 . Relevant data pertaining to its sales, production, and direct materials budgets are as foliows. Sales. Sales for the year are expected to total B00.000 units. Quarterly sales are 18%,23%,23% and 36%, respectively. The unit selling price is expected to be $38 for the first three quarters and 543 beginning in the fourth quarter 5ales in the first quarter of 2023 are expected to be 10%6 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 bodgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $10 per pound. Management desires to maintain raw materials inventories at 100 of the next quarter's production requirements. Assume the production requirements for first quarter. of 2023 are 360,000 pounds. Prepare the sales, production, and ditect materials budgets by quarters for 2022. Productien ludget CRANE COMPANY Direct Materials Budaet