Question 20 (20 points) Budgeted sales are given below for one of the products manufactured by the OMI Co. January February 24.000 units 38,000 units 65,000 units 45,000 units 35,000 units 30,000 units April May The inventory of finished goods at the end of each month must equal 25% of the next month's sales. Assume on December 31 the finished goods inventory totaled 5,000 units. Each unit of product requires three pounds of specialized material. Since the production of this specialized material by OMI's suppliers is sometimes irregular, the company has a policy of maintaining an ending inventory at the end of each month equal to 30% of the next month's production needs. This requirement had been met on January 1 of the current year. Required: a. Prepare a budget showing the required production each month for January and February