Rhett Corporation manufactures and sells dress shirts. Rhett Corporation will use the following information to prepare its master budget for the first quarter of the year: Rhett Corporation budgeted sales in units: . April: 32,000 units May: 28,000 units June: 29,000 units July: 28,000 units Selling price: $22 per shirt Information for the Production Budget: Ending finished goods inventory at March 31st: 4,800 shirts Desired ending inventory of shirts: 15% of the next month's sales Information for the Direct Materials Budget: . Each shirt (unit) requires: 3 yards of cloth Ending Inventory of cloth in yards at March 31st: 9,420 yards Desired ending inventory of cloth in yards: 10% of the next month's production needs Materials needed for production for July: 83,550 yards Cloth costs: $2 per yard Required: Using the above information, enter the totals for the sales, production and materials budgets below. For the numbers listed with a "?". please calculate those using a piece of scratch paper. Your amounts should be WHOLE NUMBERS ONLY. NO COMMAS, NO DECIMALS, NO DOLLAR SIGNS or other characters. April May. June Sales Budget: Budgeted sales in units 32,000 28,000 29,000 Budgeted sales in $ $ dollars @ $22 per shirt April May June Production Budget: Sales budget in units 32,000 28,000 29,000 Add: Desired ending inventory (units) ? ? ? Required units of available production ? ? ? Less: Beginning inventory ? ? ? Units to be produced April May. June ? - from above ? - from above ? - from above Materials Budget: Production budget (units) Materials per unit needed for production (in yards) 3 3 3 ? ? ? ? Total materials needed for production (in yards) Add: Desired ending inventory (in yards) ? ? ? Total ? ? ? materials needed (in yards) Less: Beginning inventory in yards ? ? ? ? ? Materials Purchases in Yards Cloth costs per yard $2 $2 $2 $ $ $ Materials Purchases in Dollars