Production Budget and Direct Materials Purchases Budget Jani Subramanian, owner of Jani's Flowers and Gifts, produces gift baskets for various special occasions. Each gift basket includes fruit or assorted small girs (eg, a coffee mug, deck of cards, novelty cocoa mixes, scented soap) in a basket that is wrapped in colorful cellophane. Jani has estimated the following unit sales of the standard gift basket for the rest of the year and for January of next year. September 250 October 200 November 230 December 380 January 100 Jeni likes to have 6% of the next month's sales needs on hand at the end of each month. This requirement was met on August 31 Two materials are needed for each fruit basket: Fruit 1 pound 6 items Small gifts The materials inventory policy is to have 6% of the next month's fruit needs on hand and 30% of the next month's production needs of small gifts. The relatively low inventory amount for fruit is designed to prevent spoliage.) Materials inventory on August 31 met this company policy 1. Prepare a production budget for September October, November, and December for gift baskets. (Note: Round all answers to the nearest whole unit.) Jani's Flowers and Gifts Production Budget for Gir Baskets For September, October, November, and December September October November December 250 2007 230 380 Sales Desired ending inventory Needed Less: Beginning inventory Production 202 Free Check My W Partially comect 2. Prepare a direct materials purchases budget for the two types of materials used in the production of gift baskets for the months of September October, and November. (Note: Round answers to the nearest whole unit.) Jani's Flowers and Gifts Direct Materials Purchases Budget For September, October, and November September October November Fruit Production 2021 Pounds of trust Required for production Desired ending inventory Total needs Less: Beginning inventory Pounds purchased Small gifts: Production 202 Items required Needed for production Desired Inventory Total needs Less: Beginning inventory Items purchased