Jackson Sports is a sports equipment manufacturing company in Southern Tasmania. Every year the company prepares a complete set of budgets. The budgeting process begins with information supplied by the Sales and Marketing Department.

The Sales and Marketing Department has predicted unit sales for footballs to be as follows:

Month	January	February	March	April	May
Sales	780,000	820,000	900,000	800,000	750,000

The balance in inventory at the beginning of the year was 150 000 footballs. The company plans to have inventory at the end of the month equal to 25% of the following months sales.

Each football requires 0.5 metres of leather. The amount of leather in inventory at the beginning of the year was 75,000 metres. The company plans to have an inventory at the end of the month equal to 20% of the following months production. The average cost of leather is $8 per metre.

Required:

Prepare a Production and Materials budget for the footballs for the first three months of the year and a total for the quarter ending March.