Ray Company's projected sales budget for the next four months is as follows: Units January 70,000 February 90,000 March 55,000 April 65,000 Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales. 1. How many units should the company produce in January? 2. How many units need to be available for sale in February? 3. A firm that manufactures vases has budgeted production for the next four months as follows: Units Produced October 40,000 November 50,000 December 30,000 January 40,000 Each vase requires 30 grams of silica. The managers desire an ending inventory sufficient to meet 25% of the next month's production. There is no beginning inventory of raw material in October. Budgeted purchases of silica in grams for November would be 4. Steve Company uses the following flexible budget formula for monthly repair cost: total cost = $700 + $0.40 per machine hour. The annual operating budget calls for 35,000 hours of planned machine time. Budgeted repair cost is