Lewis Company makes and sells high-quality glare filters for microcomputer monitors. John Crave, controller, is responsible for preparing Lewiss master budget and has assembled the following data for 2019.

	January	February	March	April
Estimated unit sales	20,000	24,000	16,000	18,000
Sales price per unit	80	80	75	75
Direct labor hours per unit	4.0	4.0	3.5	3.5
Direct labor hourly rate	15	15	16	16
Direct materials cost per unit	10	10	10	10

The direct labor rate includes wages and all employee-related benefits. Labor saving machinery will be fully operational by March. As of March 1, the companys union contract calls for an increase in direct labor wages that is included in the direct labor rate. Lewis expects to have 10,000 glare filters in inventory at the end of the year, and has a policy of carrying 50% of the following months projected sales in inventory. Prepare the following budgets listed below.

Schedule 1: Sales budget

	January	February	March	Total
Sales in units
Unit price
Total Sales

Schedule 2: Production budget

	January	February	March	Total
Sales in units
Plus: Ending inventory
Total Needs
Less: Beginning Inventory
Units to be produced

Schedule 3: Direct materials purchases budget

	January	February	March	Total
Units to be produced
Cost per unit
Total direct materials

Schedule 4: Direct labor budget (hours)

	January	February	March	Total
Units to be produced
Direct labor hours per unit
Total direct labor hours