Pillows Limited makes decorative throw pillows for home use. The company sells the pillows to home dcor retailers for $10 per pillow. Each pillow requires 1.10 yards of fabric, which the company obtains at a cost of $10 per yard. The company would like to maintain an ending stock of fabric equal to 10% of the next month's production requirements. The company would also like to maintain an ending stock of finished pillows equal to 15% of the next month's sales. Sales (in units) are projected to be as follows for the first three months of the year: (Click the icon to view the projected sales (in units) for the first three months of the year.) Read the requirements. Requirement 1. Prepare the sales budget, including a separate section that details the type of sales made. For this section, assume that 10% of the company's pillows are cash sales, and the remaining 90% are sold on credit terms. (Round your answers to the nearest whole number.) Pillows Limited Sales Budget For the Quarter Ended March 31 January February March 1st Quarter Unit sales Unit selling price Total sales revenue Cash sales Credit sales Totalcales January.. 160,000 February.. 190,000 pare the following budgets for the first three months of the year, as well as a mary budget for the quarter: Prepare the sales budget, including a separate section that details the type of sales made. For this section, assume that 10% of the company's pillows are cash sales, and the remaining 90% are sold on credit terms. Prepare the production budget. Assume that the company anticipates selling 210,000 units in April. Prepare the direct materials purchases budget. Assume the company needs 240,000 yards of fabric for production in April. March 195,000 Print Done