please do a production budget and a direct material budget

Oriole Company is preparing its master budget for 2022. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales: Sales for the year are expected to total 1,200,000 units. Quarterly sales are 25%, 25%, 25%, and 25%, respectively. The sales price is expected to be $40 per unit for the first three quarters and $45 per unit beginning in the fourth quarter. Sales in the first quarter of 2023 are expected to be 10% higher than the budgeted sales for the first quarter of 2022. Production: Management desires to maintain the ending finished goods inventories at 20% of the next quarter's budgeted sales volume. Direct materials: Each unit requires 2 kg of raw materials at a cost of $10 per kilogram. Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for the first quarter of 2023 are 530,000 kg. Prepare the sales budget by quarters for 2022. ORIOLE COMPANY Sales Budget (in thousands) For the Year Ending December 31, 2022 Quarter Unit sales Unit price Total sales 1 300.000 40 12,000.000 2 300,000 40 12,000.000 3 300.000 40 12,000.000 4 300,000 45 Year 1,200.000 49,500.000 Prepare the production budget by quarters for 2022. (Round answers to 2 decimal places, e.g. 1525) ORIOLE COMPANY Production Budget (in thousands) For the Year Ending December 31, 2022 1 Quarter 2 3 4 300 Year 1200 Total