Current Attempt in Progress Oriole Company makes and sells artistic frames for pictures, The controller is responibible for preparing the master budget and has accumulated the following information for 2022 Oriole has a labor contract that calls for a wage increase to $8,0 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Oriole expects to begin the year with 18,304 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 Oriole Company by month and for the first quarter of the year: Prepare a production budget for Oriole Company by month and for the first quarter of the year: Prepare a production budget for Oriole Company by month and for the first quarter of the year