Johnson Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month be as follows: Click the icon to view additional Information.) Inventory at the start of the year was 300 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires three pounds of polypropylene a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound. Read the requirements Requirement 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, Johnson Manufacturing Production Budget For the Month of January through March January February March Quarter Plus: Desired ending inventory Total needed Less Beginning inventory Unstoproce Requirement 2. Prepared materials but for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene roured Md the total cost of the polypropylene to be puchse bygedrers budget trough the folded, the complete the budget Enter tuber in the edities and then continue to the next question - Johnson Manufacturing produces sell watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the plant be as follows: Click the icon to view additional Information.) Inventory at the start of the year was 390 planters. The desired Inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires three polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound. Read the requirements Johnson Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced Multiply by Quantity of direct materials needed per unit Quantity needed for production Plus Desired ending invertory of direct materials Total Quantity needed Beginning inventory of direct materials Quantity to purchase Multiply by: Cost per pound Total cost of direct material purchases Less Enter any number in the edin fields and then continue to the next question of planters at the end of each month should be equal to 10% of the following mon polypropylene required for next month's production on hand at the end of each m Data Table - X gh M . Number of planters to be sold January 3,900 February 3,700 March. ...... 3,100 April ... 4,500 May 4,900 Print Done mtory of planters at the end of each month should be equal to 10% of the following m of the polypropylene required for next month's production on hand at the end of each i 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. Print Done the next question. 000 000 F4 F5 F6 F7 F8