Question One (56 Points) VGA Company manufactures whiteboards for schools. The controller is currently preparing a budget for the second quarter of the year. The sales forecast has been made as follows: April May June July August 70,000 94,000 62,000 74,000 110,000 The selling price per unit is $25 The management of the company wants ending inventory to be equal to 10% of the following month's sales. On March 31, 7,000 units were on hand. Required: 1. Prepare the sales budget (by month and in total) for the second quarter ending on June 30. (23 Points) 2. Prepare the Production budget (by month and in total) for the second quarter ending on June 30. (32 Points)