Exercise 5-11 Joshua Hill, Bates & Hill Fabricators' production manager, January February March April MayJune 20,000 39,000 35,000 29,000 23,000 20,000 Company policy requires an ending finished goods inventory each month that will meet 20% of the following month's sales volume. Prepare Bates & Hil's production budget for the first quarter. (Round answers to o decimal places, e.g. 5,275.) has just received the company's sales budget for the first quarter. monhs ales voiume. Joshua plans to have 5,600 finished bricks at a cost of $49,000 in inventory at the beginning January February March Quarter Budgeted unit sales Budgeted ending inventory Total units required Beginning inventory Click if you would like to Show Work for this