Friendly Feeders Bales Dudpet. For the Quarter Ended March 31 Requirement 2. Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter Unte to produte Review the salas budget prepared int Requirement 1 Requirement 5 . Prepare the cash payments budget for deect materiats purchases tor the months of January, Februacy, and March as woil as a summary for the first quarter. Review the direct materiats bedgot prepared in Requirement 3 Friendly Feeders makes backyard birdfeeders. The company sells the birdfeeders to home improvement stores for $20 pe birdfeeder. Each birdfeeder requires 3.0 board feet of wood, which the company obtains at a cost of $3 per board foot. The company would like to maintain an ending stock of wood equal to 25% of the next month's production requirements The company would also like to maintain an ending stock of finished birdfeeders equal to 20% of the next month: sales. Sales data for the company is as follows: E:: (Click the icon to view the sales data.) Friendly Feeders Bales Dudpet. For the Quarter Ended March 31 Requirement 2. Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter Unte to produte Review the salas budget prepared int Requirement 1 Requirement 5 . Prepare the cash payments budget for deect materiats purchases tor the months of January, Februacy, and March as woil as a summary for the first quarter. Review the direct materiats bedgot prepared in Requirement 3 Friendly Feeders makes backyard birdfeeders. The company sells the birdfeeders to home improvement stores for $20 pe birdfeeder. Each birdfeeder requires 3.0 board feet of wood, which the company obtains at a cost of $3 per board foot. The company would like to maintain an ending stock of wood equal to 25% of the next month's production requirements The company would also like to maintain an ending stock of finished birdfeeders equal to 20% of the next month: sales. Sales data for the company is as follows: E:: (Click the icon to view the sales data.)