Johnson Manufachuring produces self-watering planters for use in upscale retail establishments. Sales projections for the first flve months of the upcoming year shew the estimated unit sales of the planters each month to be as follows: (Cick the icon to view aditional information.) Inventory at the start of the yeat was 350 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following monith's budgeted sales. Each planker requires two pounds of polypropylone (a typo of plastic). The company wants to have 20% of the polypropylene required for noxt month's production on hand at the end of each month. The polypropylene costs $025 per pound Read the fesuipinents Requirement 1. Prepare a production budget for each month in tho first quarter of the year, including production in urits for each month and for ithe quarher. Number of planters to be sold \begin{tabular}{ll} \hline January ...... & 3,500 \\ February ..... & 3,400 \\ March....... & 3,600 \\ April........ & 4,000 \\ May ........ & 4,200 \\ \hline \end{tabular} Requirements 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased