January February March April May Unit sales 40,000 50,000 60.000 60,000 62,000 Each unit is expected to sell for a price of $205 Finished goods inventory on January 1 is projected to be 32,000 units Quiz Company plans production to have ending inventory equal to 80% of the next month's sales. Each unit requires two materials: Material 1 and Material 2. Information on the materials is as follows. Direct materials Material 1 Material 2 Per-unit usage 10 lbs. 6 DM cost per lb. 38 5 Quiz Company's materials inventory policy is to have ending materials on hand to meet 50% of the following month's production needs. Inventory on January 1 is expected to satisfy this Each unit requires 3 hours of direct labor. Direct labor cost is $14.25 per hour. Prepare a sales budget, production budget, direct materials purchases budget, and direct labor budget for the first quarter. determine total sales revenue for the first quarter Note: Give your answer using commas, but do not include the word "lbs." Example: 12,345

Each usits erpected to self toe a perce of $205 tumples 12,34s