Exercise 5 14 Sheffield Chemicals has developed a new window cleaner that r requires two ingredients, AM972 and CAB. Based on forecasted sales, Sheffield has developed the following budgeted production for the coming yea ist Quarter 2nd quarter 3rd Quarter 4th Quarter Next Vear 1st Forecasted production (gallons 7,330 13.050 Each galon of window cleaner requires 104 ounces of AM972 and 28 ounces of CA38. An ounce of the next quarter's production needs. At the begenig of the weyA AM 72 cots Shefeld so.15. An ounce of CA18 costs the company so.24. sheffielts nventory polcy requares ending inventary equel to 20% o Prepare shemers72 purchasesbudget for the comingyeat. (Round answers to 0 decimal places, e 5,275 and enter price per ounce to 2decimalplaces. 6 a3%) begening of the yea, Shefheid expects to have soooo ounces of AM9y2 rd OOOO anese oss on hrd Ist Quarter 2nd Quarter 3rd Quarter 4th QuarterAnnual Click if you would like to show Work