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: Using the above information, enter the totals for the sales, production and materials budgets below. For the numbers listed with a "?". please calculate those using a piece of scratch paper. Your amounts should be WHOLE NUMBERS ONLY. NO COMMAS, NO DECIMALS, NO DOLLAR SIGNS or other characters. Partial Master Budget - Second Quarter Sales Budget: Budgeted sales in units Budgeted sales in dollars@ $30 per shirt April May. 9,000 12,000 12,000 Production Budget: April Sales budget in units Add: Desired ending inventory (units) Required units of available production Less: Beginning 9,000 ? ? ? ? inventory May. 12,000 15,000 June ? ? ? ? ? Units to be produced Materials Budget: April May. June 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