Johnson Manufacturing produces selfwatering planters foc use in upscale retail establishments. Sales pecjections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view adiditional information) Inventary at the start of the year was 775 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted saies. Each plarter requires three pounds of polypropylene (a type of plastc). The company wants to have 20% of the polypropylene required for next month's production on hand at the and of each month. The polypropylene costs 50.20 per pound. Read the requirements. Requirement 1. Prepare a production budget for each month in the first quanter of the year, including production in units for each month and for the quartec. Requirement 2. Prepare a direct materials budget lof the polypropylone for each month in the first quarter of the yoar, including the pounds of poypropylene tequired and the total cost of the halypropylene to be purchased. Start by progaring the direct materials budgot through the totai quantify needed, then complete the budget. Data table