Q1(7 Marks): Lenda Corporation has the following budgeted sales for the next six-month period: Plans are to have an inventory of finished products that equals 20% of the unit sales for the next month. Five pounds of materials are required for each unit produced. Each pound of material costs $8. Materials inventory levels equal 30% of the needs for the next month. Required: A. Prepare production budgets in units for July, August, and September. B. Prepare a purchases budget in pounds for July. August, ameatoptember, and give total purchases in both pounds and dollars for each month