The Alfa Company is preparing its master budgets for 2015.

Sales. Sales for the year are expected to total 1.200. 000units.Quartely sales are 20%, 25%, 30%, and 25% respectively. The sales price is expected to be $50 per unit for the first three quarters and $55 in the last quarter. Sales in the first quarter of 2000 are expected to be 10% higher than the budgeted sales volume of the first quarter of 2016.

Production. Management desires to maintain ending finished inventory at 25% of the next quarters sales and beginning inventory 25% of the current quarters sales.

Direct Labor. Each unit needs 2 hours to be produced and each hour costs $10.

Required: Prepare Sales, Production and the Direct Labor budgets by quarters for 2015.