Ouestion Three (10 Marks) (CLOrs Abu Dhabi Company is preparing budgets for the quarter ending June 30 and the budgeted sales for the next five months are: April May June 80,000 units 200,000 units 120,000 units 100,000 units 60,000 units. July August The selling price is $30 per unit in April and will increase 10% in May and 20% in June. 1- Required: Prepare the sales budget for Abu Dhabi Company for quarter ending June so (April/May/ June) months (5 Marks) 2- Ir Abu Dhabi Company wants ending inventory to be equal to 30% of the following month's budgeted sales in units. On the end of March 10,000 units were on hand. Required: Prepare the production budget for the Abu Dhabi Company for the three months April May and June (5 Marks) Answer: (5 Marks) 1- The sales budget 2- Production budget