Partial Master Budget Rhett Corporation manufactures and sells dress shirts. Rhett Corporation will use the following information to prepare its master budget for the second quarter of the year: Rhett Corporation budgeted sales in units: - April: 9,000 units - May: 12,000 units - June: 15,000 units - July: 14,000 units Selling price: $30 per shirt Information for the Production Budget: - Ending finished goods inventory at March 31st: 900 shirts - Desired ending inventory of shirts: 10% of the next month's sales Information for the Direct Materials Budget: - Each shirt (unit) requires: 3 yards of cloth - Ending Inventory of cloth in yards at March 31st: 4,185 yards - Desired ending inventory of cloth in yards: 15% of the next month's production needs - Materials needed for production for July: 40,200 yards - Cloth costs: $2 per yard Required: Your amounts should be WHOLE NUMBERS ONLY. NO COMMAS, NO DECIMALS, NO DOLLAR SIGNS or other characters. Sales Budget: Budgeted sales in units Budgeted sales in dollars @ $30 per shirt Partial Master Budget - Second Quarter April May Mune 9,00012,00015,000 12,000 15,000 Production Budget: May. June Sales budget in 9,000 12,000 15,000 units Add: Desired ending ? ? ? inventory (units) Required units of available ? ? ? production Less: Beginning ? ? ? inventory Units to be produced Materials April May. June Budget: Production budget ? - from above ? - from above ? - from above (units) Materials per unit needed for 3 3 3 production (in yards) Total materials needed for ? ? ? production (in yards) Add: Desired ending ? ? ? inventory (in yards) Total materials needed (in ? ? ? yards) Less: Beginning inventory ? ? ? in yards Materials Purchases ? ? ? in Yards Cloth costs per yard $2 $2 $2