prepare the required budgets for a company to produce a specialized product in three different sizes (S, M and L) using the data provided next.

		expected	sales	(units)
Product	price per unit	june	july	august
s	600	17000	12000	15000
m	800	12000	17000	14000
l	1,000	4000	4000	4000

the company has very strict ending inventory policies for all products as shown below:

25% of next month production for raw material

30% of next month sales for finished goods

at the end of may the company is complying as expected with the ending inventory policies

additional data is included in the following table related to direct material and direct labor requirements:

	direct	material	direct	labor
product	lbs per unit	$/lbs	hrs per unit	hourly salary
S	11	6	6	11.20
M	14	8	8	11.20
L	18	10	10	14.00

a. what is the sales budget of the S product for the month on June?

b. what is the sales budget of the M product for the month on July?

c. what is the sales budget of the L product for the month on August?

d. what is the production budget of the S product for the month on June?

e. what is the direct labor budget of the M product for the month on July?

f. what is the direct material purchases budget of the L product for the month on June?