Exercise 13-6 (Part Level Submission) On January 1, 2017, the Ayayal Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2017 Sales units: Ending raw materials inventory: 40% of the next quarter's production murements Ending finished goods inventory: 25% of the next quarter's expected sales nts Third-quarter production: First quarter 5,000; second quarter 6,000; third quarter 7,000 7.350 units The ending raw materials and finished goods inventories at December 31, 2016, follow the same percentage relationships to production and sales that occur in 2017. 3 required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. The ending raw materials and finished goods inventories at December 31, 2016, follow the same percentage relationsl required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. r (a) Prepare a production budget by quarters for the 6-month period ended June 30, 2017 AYAYAI COMPANY Production Budget Quarter 2 Year Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT