Oricle Company is preparing its master bodget for 2025. Relevant data pertaining to its sales, production, and direct materiais budgets are as follows. Sales Sales for the year are expected to total 1.040,000 units Quarterly swles are 19%,26%,26%, and 29\%, respectively. The unit selling price is expected to be $41 for the first three quarters and $46 beginning in the fourth quarter. Sales in the first quarter of 2026 are expected to be 10% higher than the budgeted sales for the first quarter of 2025 Production. Management desires to maintain the ending finished goods irwentories at 25% ot the next churter sudgeted 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 imentories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2026 are 468.000 pounds. Prepace the sales, production, and direct materials budgets by quarters for 2025 naterials inventories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter if 2026 are 468,000 pounds. epare the sales, production, and direct materials budgets by quarters for 2025 . ements. Assume the production requirements for first quarter s for 2025 . E SUPPORT ORIOLE COMPANY Production Budget Quarter 2 3 4 Year ORIOLE COMPANY Direct Materials Budget Direct Materials Budget Quarter 1