Rose Manufacturing produces telf-watering planters for use in upscalo retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: Click the icon to view additional information) Inventory at the start of the year was 750 planters. The desired inventory of plantors at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires two pounds of polypropylene a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene conts $0.20 per pound Read the resulremonts Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production is units for each months and for the quarter Rouse Manufacturing Production Budget For the Month of January through March January February March Quarter Unitales 3.000 3200 Plus Desired ending Inventory 800 775 Total needed 3800 3075 7:50 Beginning inventory 3050 3170 Units to broduce 300 Number of planters to be sold 3,000 January February 3,200 March 3,100 April 4,200 May 4,000 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased