Solomon, Inc. is preparing budgets for the quarter ending Sep 30.
Budgeted sales for the next five months are:
Jun	12,000 units
Jul	15,000 units
Aug	20,000 units
Sep	25,000 units
Oct	20,000 units
Nov	18,000 units
Dec	17,500 units
The selling price is $10/ unit.
The management wants ending inventory to be equal to 40% of the following 2 months budgeted sales in UNITS. On June 30, 8,000 units were on hand.
Eight pounds of material are required per unit of product. Management wants materials on hand at the end of each month equal to 20% of the following months production.
On June 30, 20,000 pounds of material are on hand. Material costs 0.75$ per pound.
Each unit of product requires 0.25 hours of direct labor. Wage rate is set $6 per DLH. Please prepare: a. Sales budget b. Production budget c. DM budget d. DL budget