Crane Company is preparing its master budget for 2022. Relevant data pertaining to its sales, production, and direct materials budgets areas follows: Sales. Sales for the year are expected to total 800,000 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 $43 beginning in the fourth quarter. Sales in the first quarter of 2023 are expected to be 10S higher than the budgeted sales for the first quarter of 2022 . Production. Management desires to malntain the ending finished goods inventories at 20N of the next quarter's budgeted sales volume. Direct materials Each unit requires 2 pounds of raw materials at a cost of $10 per pound. Management detires to maintain raw materals inventories at 100 of the nect cuarter's production requirements. Assume the production requirements for first quarter of 2023 are 360.000 pounds. Prepare the sales, production and direct materials budpets by quarters for 2022