PROBLEM 1: (SHOW ALL YOUR COMPUTATIONS} Pat's Pacifiers makes pacifiers and sells them for $1.25 each. The Marketing Manager prepared the following sales forecast for the first quarter of 2022: January 150,000 units February 125,000 units March 160,000 units Total for the Quarter 435,000 units The policy ofthe company is to maintain 10% ofthe next month's forecasted sales in ending inventory. January's beginning inventory was 14,000 units. April sales are expected to be 145,000 units Required: Prepare a sales budget and a production budget for each month of the quarter and for the quarter. Use the following tables: Pat's Pacifiers Sales Budget For the First Quarter of 2022 January February March Quarterly Totals Pro'ected sales Price per Unit Total Projected Sales