iding inventory 1 2 Units to be produced 5300 6350 Direct materials per unit Total required for production \begin{tabular}{||c||} \hline \hline 8160 \\ \hline \hline 27210 \\ \hline \hline \end{tabular} \begin{tabular}{|c||} \hline \hline 10884 \\ \hline \hline 16326 \\ \hline \hline \end{tabular} Prepare a direct materials budget by quarters for the six-month period ended June 30, 2023. SUNLAND COMPANY Production Budget For the Six Months Ending June 30, 2023 Quarter 1 2 Total 5000 6200 11200 ing finished goods lished goods inventory 11650 SUNLAND COMPANY Production Budget For the Six Months Ending June 30, 2023 Quarter Expected unit sales 1 2 Add : Desired ending finished goods Total required units \begin{tabular}{ll} Less & : \\ \hline Beginning finished goods inventory & \\ \hline \end{tabular} \begin{tabular}{r|} \hline 1250i \\ \hline 5300 \\ \hline \end{tabular} 4. Third-quarter production: 6,900 units The ending raw materials and finished goods inventories at December 31, 2022, had the same percentages for production and sales that are budgeted for 2022. 3 kilograms of raw materials are needed to make each unit of finished goods. Raw materials purchased are expected to cost $4 per kilogram. Prepare a production budget by quarters for the six-month period ended June 30, 2023. Current Attempt in Progress On January 1, 2023, the Sunland Company budget committee reached agreement on the following data for the six months ending June 30, 2023: 1. Sales units: First quarter 5,000 ; second quarter 6,200 ; third quarter 6,800 2. Ending raw materials inventory: 40% of the next quarter's production requirements 3. Ending finished goods inventory: 25% of the next quarter's expected sales units 4. Third-quarter production: 6,900 units The ending raw materials and finished goods inventories at December 31, 2022, had the same percentages for production and sales that are budgeted for 2022. 3 kilograms of raw materials are needed to make each unit of finished goods. Raw materials purchased are expected to cost $4 per kilogram. Your answer is partially correct