Question 1 Oak Creek Company is preparing its master budget for 2020. Relevant data pertanto il ricon, and direct mes budgets are as follows. Sales: Sales for the year are expected to total 1,000,000 units Quarterlyse me 20,25,29%, do, respectively. The price is expected to be 540 per unit for the first three wa and 544 per unit beginning in the fourth quarter Sales in the first quarter of 2021 repected to be 10 higher than the widgeted sales for the first quarter of 2020 Production Management desires to maintain the ending finished goods inventores 20% of the next quarter's budgeted sales volume Direct materials: Each unit requires 2 kg of raw materials at a cost of $10 per kilogram Management desires to maintain raw materiais inventaries at 10% of the starter's production requirements. Assume the production requirements for the first quarter of 2021 are 510,000 kg (1) Your wwwer is correct Prepare the sales budget by Quarters for 2020. OAK CREEK COMPANY Sales Budget For the Year Ending December 31, 2020 Quarter 2 3 1 Year 200000 250000 250000 2000 Unit sales 40 50 Unit price BOD 1000000 10000000 120000 41200000 Total sales Atten (02) Prepare the production budget by quarters for 2020. OAK CREEK COMPANY Production Budget For the Year Ending December 31, 2020 Quarter 2 Year Total LINK TO TEXT