On January 1, 2022, the Ivanhoe Company budgeted the following for the year ended December 31, 2022: 1. 2. 3. 4. Sales units: First quarter 5,600; second quarter 6,400; third quarter 7,200; fourth quarter 7,600 units; First and second quarters of 2023: 8,200 units. Ending raw materials inventory: 40% of the next quarter's production requirements. Ending finished goods inventory: 30% of the next quarter's expected sales in units. Desired production for first quarter of 2023 is 8,200 units. 3 kilograms of raw materials are needed to make each unit of finished goods. Raw materials purchased are expected to cost $3 per kilogram. Prepare a production budget and a direct materials budget by quarters for the year ended December 31, 2022