Mckright Manufacturng produces self-watering planers for use in upscale retall establistiments. Sales projoctions for the fist five months of the upcoming year show the estimated unit salos of the planters each month to be as follows: (Click the lcon to view add tonal information.) itwenhary at the start of the year was 750 pianters. The desied inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires two pounds of polypropylene (a type of plastic). The company wants to have 201 of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs 50.20 per pound fiesd the recrimenents Requirement 1. Prepare a production budget for each month in the frest quaster of the year, including production in units for each month and for the quarter. Requirement 2. Prepare a drect maserials busget for the poypropylene for each manth in the first quarter of the year, including the pounds of polypropylene required and the fotai cost of the Dolviropviene to be purchased. McKnighiz Manutacturing produces self-watering planters for use in upscale retail estabishments. Sales projections for tha first five moniths of the upcoming year show the estmated unit sales of the planters each month to be as follows: (Click the ison to vew additional information.) Inventory at eve start of the year was 750 planters. The dosired inventory of planters at the end of each month should be equal to 25% of the following month's budgeled sales. Each planter requires two pounds of polypropyene (a type of plastic). The compary wants to have 20% of the polypropylene required for next moner's production on hand at the end of each month. The polypropyene Road the tequirements. Requirement 2. Prepare a divect materials budget for the pelypropylene for each month in the first quarier of the year, including the pounds of polypropyiene required and the total cost of the polypropylene to be purchased. Start by preparing the direct materials budget through the total quanthy needed, then complete the budget. Data table Get more help