The following budget information relates to the Staples Company unit sales: 2018 Units April 27,000 32,000 17,000 21,000 16,000 May une August The finished goods units on hand on March 31, 2018, was 2,000 units. Each unit requires 3 pounds of raw materials that are estimated to cost an average of $6 per pound. It is the company's policy to maintain a Iinished goods 1nventory at the end of each month equal to 10% of next month's anticipated sales. They also have a policy of maintaining a raw materials inventory at the end of each month egual to 22% of the pounds needed for the following month's production. There were 10,000 pounds of raw materials on hand at March 31, 2018 INSTRUCTIONS Prepare the following budget reports for the second quarter of 2018 a) a production budget (b) a directmaterials budget