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Prepare the sales budgets by quarters for 2022 . Pharoah 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 \\( 1,120,000 \\) units. Quarterly sales are \20, and \30, 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 \20 higher than the budgeted sales for the frst quarter of 2022. Production. Management desires to maintain the ending finished goods inventories at \25 of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of \\( \\$ 12 \\) per pound. Management desires to maintain raw materials inventories at \10 of the next quarter's production requirements. Assume the production requirements for first quarter of 2023 are 504,000 pounds. budgets by quarters for 2022 . Prepare the sales budgets by quarters for 2022 . Pharoah 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 \\( 1,120,000 \\) units. Quarterly sales are \20, and \30, 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 \20 higher than the budgeted sales for the frst quarter of 2022. Production. Management desires to maintain the ending finished goods inventories at \25 of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of \\( \\$ 12 \\) per pound. Management desires to maintain raw materials inventories at \10 of the next quarter's production requirements. Assume the production requirements for first quarter of 2023 are 504,000 pounds. budgets by quarters for 2022