Prepare a Production Budget (Show your work to get full credit) Miles Manufacturing has prepared the following sales budget for the first four months of the year: Sales January February 22,000 27,000 March 24,000 April 25,000 Miles estimates that it will begin the year with 5,000 units in inventory. The company wants to end each month with inventory equal to 25 percent of the next month's projected sales. Prepare a production budget for January through March