Mason Manufacturing produces selt-watering planters for use in upscale retal establishments. Sales projections for the first months of the upcoming year show the estimated unit sales of the planters each month to be as follows: E (Click the icon to view additional information.) Inventory at the start of the year was 390 planters and 2,328 kg of polypropylene a type of plastic). The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires 3 kg of polypropylene. The company . wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per kilogram Recuirements i Data Table Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. inventory balances. Round all answers up to the nearest number.) Mason Manufacturing Number of planters to be sold Production Budget January 3.900 For the Months of January through March February .... 3,700 January February March Quarter March...... 3,100 Unit sales 4.500 Mey ........ 4.900 Plus: Desired ending inventory Total needed Print Done Less: Beginning inventory Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the kilograms of polypropylene required and the total cost of the polypropylene to be purchased. Start by preparing the direct materials budget through the total quantity needed, and then complete the budget. (Use parentheses or a minus sign for negative beginning inventory balances. Round cost per kilogram to the nearest cent.) Mason Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total Quantity needed Less: Beginning Inventory of direct materials X Mason Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed Less: Beginning inventory of direct materials Quantity to purchase Cost per kilogram Total cost of direct material purchases