Galactic Inc manufactures flying drone toys Sales units for January February March April and May were 300, 280, 352, 312 and 180 respectively Required: 1. The company's policy for ending finished gooch is 25 percent of next month's soles Determine production budget for the first quarter 2. The drone toy includes 2 LED lights, which cost 515 each. The company requires ending direct materials to be 20 percent of next month's materials requirement. Determine direct materials purchases budget with respect to LED lights for the first quarter Complete this question by entering your answers in the tabs below. Required 1 Required The company's policy for ending finished goods is 25 percent of runxt quarter's sales, Prepare a production budget for the first quarter Feb Mar fat Quarter Budgeted Production (Unes Flegu Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 The drone toy includes 2 LED lights, which cost $15 each. The company requires ending direct materials to be 20 percent of next quarter's materials requirement. Prepare a direct materials purchases budget for the first quarter. (Do not found Intermediate calculations.) 1st Quarter Budgeted Cost of Dired Material Purchases $ 0 Jan Feb Mar