Galactic Inc manufactures flying drone toys. Sales units for January, February March April and May were 300, 280, 352, 312 and 380 respectively Required: 1. The company's policy for ending finished goods is 25 percent of next month's sales. Determine production budget for the first 2. The drone toy includes 2 LED lights, which cost $15 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. quarter Complete this question by entering your answers in the tabs below. Required 1 Required 2 The company's policy for ending finished goods is 25 percent of next quarter's sales. Prepare a production budget for the first quarter Jan Feb Mar 1st Quarter Budgeted Production (Units)