Question 1 Oak Creek Company is preparing its master budget for 2020. Relevant data pertaining to es, production and direct materiais budgets are as follows Sales: Sales for the year are expected to total 1,000,000 units. Quarterly we are 20%. 25, 25, and 30%, respectively. The sales price is expected to be 540 per unit for the first three quarters and $44 per unit beginning in the fourth quarter. Sales in the first quarter of 2021 re expected to be 10 Higher than the budgeted sales for the first quarter of 2020, Production Management desires to maintain the ending finished goods inventories 20of the next quarter's budgeted sales volume Direct materials: Exch unit requires 2 kg of raw materials at a cost of $10 per kilogram Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for the first quarter of 2021 510,000 kg (al) Prepare the sales budget by quarters for 2020 OAK CREEK COMPANY Sales Budget For the Year Ending December 31, 2020 Quarter 1 2 4 Year Unit sales 2000000 250000 250000 300000 1000000 40 Unit Price 5 40 $ 44 40 5 $ Total sales $ 50000000 10000000 5 10000000 132 pood LINK TO TEXT Attempts: 0 of 3 used (2) The parts of custo be comiterde wie we you come the para