La Turtle Company Manufactures and sells wax for cars. The following information is available concerning to operations for 2016 - the coming year and for the firsst two quarters of 2016.

a. The company's single product it sells for $8 per unit. Budgeted sales in units for the next six quarters are as follows:

2015:

Q1- 40,000, Q2-60,000 Q3-100,000 Q4-50,000

2016:

Q1-70,000, Q2- 80,000

B. The company requiers an ending inventory of finished units on hand at the end of each quarter equal to 30% of the budgeted sales for the next quarter. This requirement was met on December 31, 2014, in that the company had 12,000 unit on hand to start the new year.

C. Five pounds of raw materials are requierd to complete one unit of product. The company requires an ending inventory of raw materials on hand at the end of each quarter equal to 10% of the production needs of the following quarter. This requierment was met on December 31,2014 in that the company had 23,000 pounds of raw material on hand to start the new year. The raw material costs $0.80 per pound.

1. Prepare a sale budget for 2015

2. Prepare a production budget for 2015

3. Prepare a direct materials purchase budget for 2015

Show the schedule by quarter and a total quarter.