Just Part B Please, Thank you!

Production, direct materials, and direct labor budgets Gerrad Manufacturing has projected sales of its product for the next six months as follows: January 660 units February 1540 units March 2.200 units April 1980 units May 880 units June 660 units The finished product requires 3 pounds of raw material and 10 hours of direct labor. Gerrad tries to maintain a Finished Goods ending inventory equal to the next two months of sales and a Raw Material ending inventory equal to one-half of the current month's production needs. January's beginning inventories are expected to conform to company policy. a. Prepare a production budget for February, March, and April. Note: Use a negative sign in your schedule to indicate that an amount is subtracted. : February March April Sales 1,540 2.200 1,980 4.180 2.860 1.540 5.720 5,060 3.520 (3,740) (4.180) (2.860) Units produced 1,980 880 660 b. Prepare a forecast of the units and cost of raw material that will be required for February, March, and April. The expected cost per pound of raw material is expected to be $2 in February, $2.30 in March, and $2.40 in April. February March April Required raw material units Cost of raw material purchases 5 Total units needed BI X X XS XS X