fOur Time Inc. manufactures state of the art bamboo dining room tables The Ahead o Budgeted sales for the first 5 months of the years are as follows: I. Budget Sales (units) 200 240 180 160 240 300 onth January February March April May June Each table requires 10 square feet of bamboo at a cost of $20 per square foot. The company wants to maintain an inventory of tables equal to 25% of the following month's sales. At the beginning of the year, 40 tables were on hand. Assume the company maintains an inventory of bamboo equal to 10% of the next month's production needs. At the beginning of the year, 240 square feet of bamboo are on hand. Inventory of bamboo at April 30 is estimated to be 255 square feet. a. Prepare a production budget, in units, for each of the first four months. b. Prepare a direct material purchases budget, in dollars, for each of the first three months