Jani Subramanian, owner of Jani's Plowers and Gafts, produces gift baskets for various special occasions. Each git basket includes fruit or assorted small gifts (e.g., a colfe mug, deck of cards, novelty cocou mixes, scented soap) in a basket that is wrapped in colorfut cellophane. Jani has estirnated the following unit sales of the standard gift basket for the rest of the year and for January of next year. 3ani hikes to have 5% of the next month's sales needs on hand at the end of each month. This requirement was met on August 31 Two materals are neoded for each fruit basket: The materials imventory policy is to have 5% of the next month's fruit needs on hand and 35% of the next month's production needs of small gifts. (Ihe relatively low inventory amount for frut is designed to prevent spoilage.) Materials inventory on August 31 met this company policy Required: 1. Prepare a production budget for September, October, November, and December for gift baskets. (Note; Round all answers to the nearest whole unit.) Jani's Flowers and Gifts 1. Prepare a production budget for September, October, November, and Decenter for gilt baskets. (Note: Pound all answers to the nearest whole unit.) Joni's Flowers and Gifts Production Budget for Gift Baskets 2. Prepare a direct materals purchases budget for the two types of materials used in the production of gitt baskets for the months of September, October, and November. (Noter Round answers to the nearest whole unit.) 3. Why do you think there is such o big difference in budgeted units from November to Decemben Why did Jani budget fewner units in January than in Decemben? 1. December includes the holiday season and is a time when many gifts are given, January is a month of fewer gift giving occassons. 2. December is the last month of the year so Jani has too budget all the balance units in her Annual budget to meet her targets: 7. None of the above