) Question Three: (10 Marks) (CLO Abu Dhabi Company is preparing budgets for the quarter ending June 30 and the budgeted sales for the next five months are: April May June July August 80,000 units 200,000 units 120,000 units 100,000 units 60,000 units. The selling price is $30 per unit in April and will increase 10% in May and 20% in June. nding June 30 1- Required: Prepare the sales budget for Abu Dhabi Company for quarter end (April/May/June) months (5 Marks) 4 1 Abu Dhabi Company wants ending inventory to be equal to 30% of the following mom budgeted sales in units. On the end of March 10,000 units were on hand. Required: Prepare the production budget for the Abu Dhabi Company for the three months April May and June (5 Marks) Answer: 1- The sales budget (5 Marks) 2- Production budget