Last year sales $=500,000$ units. The organization is planning a $10$ percent increase in sales for the year $2012.$ The company is a retail organization that sees higher sales due to the holidays in the $4$th quarter. $40$ percent of the sales occur in the $4$th quarter and the remaining units are sold equally over the other three quarters.

The beginning inventory for the year amounts to $20,000$ units. The estimated sales for the first quarter of $2022$ amount to $115,000$ units. The company requires an ending inventory of $20$ percent of the next quarters' sales.

The projected sales price is $$50$ per unit.

Materials: Each unit requires $1$ yard of fabric and $1/2$ pound of fiberfill stuffing. Fabric can be purchased at $$9\mathrm{.}00$ per yard and fiberfill sells for $$4\mathrm{.}00$ per pound. Desired ending inventories of materials are

listed as follows:

Qtr$1$ Qtr$2$ Qtr$3$ Qtr$4$

Fabric$/$yds $17,00020,00018,00019,000$

Fiberfill$/$lbs $5,0006,7008,0008,500$

Beginning inventory of fabric is $16,000$ yards and $6,000$ lbs$.$ of fiberfill. It takes an estimated time of $\mathrm{.}25$ hours to produce one unit of output. The labor cost per hour is $$25$ per hour and the taxes and benefit load is $25$ percent.

Required:

$1.$ Prepare a quarterly sales budget in units and dollars.

$2.$ Prepare a quarterly production budget in units.

$3.$ Prepare a quarterly purchase budget for fabric and fiberfill.

$4.$ Prepare a quarterly labor budget.