Information about Roboto, a product sold by Roberts, Inc. is as follows: Each unit requires four pounds of material X37. Roberts is planning raw materials needs for the second quarter. Inventory requirements are as follows: a. The finished goods inventory on hand at the end of each month must be equal to 6,000 units plus 32% of the next month's sales. The finished goods inventory on March 31 is budgeted based on this requirement. b.The raw materials inventory on hand at the end of each month must be equal to one- half of the following month's production needs for raw materials. The raw materials inventory on March 31 for material X37 is budgeted based on this requirement. c. The company maintains no work in process inventories. A sales budget for Roboto for the second and third quarters of the year follows. April May June July August September Budgeted Sales in Units 37,000 47.000 67,000 32,000 17,000 7,000 Required: 1. Prepare a production budget for Roboto for the months April, May, June and July. Roboto Production Budget April May June July Budgeted sales Total needs Required production 3. Prepare a direct materials budget showing the quantity of material X37 to be purchased for April, May, June and for the quarter in total. Roboto Direct Materials Budget April May June Second Quarter Production needs (lbs) Total Material X37 needs Material X37 purchases