QUESTION 3 (15) XYZ a manufacturing company that makes and sells one model Laptop, LPX 550. last year's sales 2021 for the first five months are as follows: Months LPX 550 January 200 Feb 240 March 180 April 160 May 240 Selling price for LPX 550 was 2000 and the company will maintain the same sales levels and price for next year. The company wants to maintain an inventory of LPX 550 equal to 25% of the following month's sales. At the beginning of the year, 40 LPX 550 are on hand. Required: Prepare sales budget for first quarter of the year 2022? (5 marks) Prepare production budget for the first quarter 2022? (10 marks)