Mont Vert Manufacturing produces self-watering planters for use in upscale retail 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: (Click the icon to view additional information.) Inventory at the start of the year was 850 planters and 2,740 kg of polypropylene (a type of plastic). The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires 4 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 $0.10 per kilogram. Requirements 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. (Use parentheses or a minus sign for negative beginning inventory balances. Round all answers up to the nearest number.) Mont Vert Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales Plus: Desired ending inventory Total needed 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.) Mont Vert Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Data table 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 Number of planters to be sold January February 3,400 3,500 March 3,100 April 4,800 May 4,200 Print Done Requirements 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. 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. Print Done