need help on production budget and direct materials budget! please and thank you!

CALCULATOR PRINTER VERSION 4 BACK NEX Question 3 Pargo Company is preparing its master budget for 2020. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales. Sales for the year are expected to total 1,000,000 units. Quarterly sales are 21%, 25%, 27%, and 27%, respectively. The sales price is expected to be $38 per unit for the first three quarters and $45 per unit beginning in the fourth quarter. Sales in the first quarter of 2021 are expected to be 10% higher than the budgeted sales for the first quarter of 2020. Production Management desires to maintain the ending finished goods inventories at 20% of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $11 per pound Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2021 are 499,000 pounds. Prepare the sales, production, and direct materials budgets by quarters for 2020, PARGO COMPANY Sales Budget For the Year Ending December 31, 2020 Quarter 1 2 3 4 Year Expected unit Sales 210,000 250,000 270,000 270,000 1,000,000 38 38 38 45 Unt selling price Total sales 7.900.000 9,500,000 10,260,000 12.150,000 39.590.000 PARGO COMPANY Production Budget For the Year Ending December 31, 2020 Quarter 1 2 210,000 250,000 3 Year 270,000 Expected Unt Sales 270.000 Add Desired Ending Finished Goods Units 50.000 $4,000 54,000 Total Required Units A w