Current Attempt in Progress

Garver Industries has budgeted the following unit sales:

The finished goods units on hand on December $31,2021$ was $2,000$ units. Each unit of finished goods requires $3$ pounds

of direct materials that are estimated to cost an average of $$4$ per pound. It is the company's policy to maintain a finished

goods inventory at the end of each month equal to $20\%$ of next month's anticipated sales. The company also has a policy

of maintaining a direct materials inventory at the end of each month equal to $30\%$ of the pounds needed for the

following month's production. There were $8,640$ pounds of direct materials on hand at December $31,2021.$

$($a$)$

For the first quarter of $2022,$ prepare a production budget.