final ter mokineth More info Requirements Prepare the following budgets for the first three months of the year, as well as a summary budget for the quarter: 1. Prepare the sales budget, including a separate section that details the type of sales made. For this section, assume that 10% of the company's pillows are cash sales, and the remaining 90% are sold on credit terms. 2. Prepare the production budget. Assume that the company anticipates selling 200,000 units in April. 3. Prepare the direct materials purchases budget. Assume the company needs 200,000 yards of fabric for production in April. final ter mokineth More info Requirements Prepare the following budgets for the first three months of the year, as well as a summary budget for the quarter: 1. Prepare the sales budget, including a separate section that details the type of sales made. For this section, assume that 10% of the company's pillows are cash sales, and the remaining 90% are sold on credit terms. 2. Prepare the production budget. Assume that the company anticipates selling 200,000 units in April. 3. Prepare the direct materials purchases budget. Assume the company needs 200,000 yards of fabric for production in April