Plilows com makes decorative throw pillows for home use. The company selis the plllows to home decor retailers for $15 per pillow. Each pallow roquires 120 yards of fabric, which the company obtains at a cost of $5 per yard. The company would like fo maintain an encling stock of fabric equal fo 10% of the next monttits production requirements. The company would also like to maintain an ending slock of finished pillows equal to 25% of the next monttis salas. Sules (in units) are projected to be as follows for the first three months of the yoar: ( ) (Click the icon to view the projocled sales (in units) for the first three months of the year) Read the reguirements. Requirement 2. Prepare the production budget. Assume that the company anticipates selling 220,000 units in April. (Round your answers to the nearest whole number) Requirements Prepare the following budgets for the first three months of the year, as well as a summary budget for the quarter: 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. 2. Prepare the production budget. Assume that the company anticipates selling 220,000 units in April. 3. Prepare the direct materials purchases budget. Assume the company needs 230,000 yards of fabric for production in April. More info Pillows.com makes decorative throw pillows for home use. The company sells the pillows to home dcor retailers for $15 per pillow. Each pillow require Requirement 1. Prepare the sales budget, including a separate section that details the type of sales made. For this soction, assume that 10% of the cor pillows are cash sales, and the remaining 90% are sold on credit terms. (Round your answers to the nearest whole number.)