Units Gagah Bhd. has budgeted the following unit sales: 2021 January 10,000 February 8,000 March 9,000 April 11,000 15,000 The finished goods units as at December 31, 2020, was 2,000 units. Each unit requires 3 pounds of raw materials that are estimated to cost an average of RM4 per pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticipated sales. They also have a policy of maintaining a raw materials inventory at the end of each month equal to 30% of the pounds needed for the following month's production. There were 8,640 pounds of raw materials on hand at December 31, 2020 May Required: For each month of the first quarter of 2017, prepare: a) a production budget and b) a direct materials budget. (4 marks) (6 marks)