The Sales Director of a manufacturing company reports that next year he expects to sell 50,000 units of a particular product. The production Manager consults the Storekeeper and casts his figures as follows Two kinds of raw materials A and B, are required for manufacturing the product. Each unit of the product requires 2 units of A and 3 units of B. The estimated opening balances at the commencement of the next year are Finished product : 10,000 units Raw Materials : A: 12,000 units;B: 15,000 units The desirable closing balances at the end of the next year are: Finished product 14,000 units, A: 13,000 units B: 16,000 units Prepare Production Budget and Materials Purchase Budget for the next year.