LimeLemon Inc. is a ma e a manufacturer of athletic wear for running and yoga. They sell premium athletic Selemon Inc. has a march su year end. Estimated sales information for the upcoming fiscal year are as follows: Month Sales in Units April 440 May Sales Price $75/unit $75/unit $90/unit $85/unit $85/unit June 520 480 510 300 July August Prepare the sales budget for the first quarter. LimeLemon Inc. Sales Budget For the Quarter Ended June 30, 2019 April May June Period End When creating the budget, management likes to have extra inventory on hand in the event that actual sales are higher than budgeted. Management has determined that 20% of the following month's budgeted sales should be sufficient for the extra inventory. Ending inventory at March 31, 2019 was 100 units. Prepare the production budget for the first quarter. LimeLemon Inc. Production Budget For the Quarter Ended June 30, 2019 April May June Period End Each pair of pants materials in the event that there the following month's production Warch 31, 2018 is 300 yards. $ 2.5 yards of fabric and each yard costs $12. Management budgets for extra at there is a shortage from suppliers. Management would like to have 20% of oduction needs in ending Inventory each month. Ending inventory of fabric at repare the direct materials budget als budget and purchasing budget for the first quarter