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Vaugtun Compary is preparing its master budget for 2022 Relevant data pertaining to its sales, production, and direct inatteriats budsets are as follown Sales. 5

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Vaugtun Compary is preparing its master budget for 2022 Relevant data pertaining to its sales, production, and direct inatteriats budsets are as follown Sales. 5 ales for the year are expected to qotal 1.240,000 units. Quaiterly sales are 22\%. 27. 25\%, and 26%, respectively: The unit selling price is expected to be $40 for the first three quarters and $45 beg inning in the fourth quarter. 5ales in the first quarter af 2023 are expected to be 10% higher than the budsoted sales for the first quarter of 2022 Production. ManQgement desires tomaintain the ending finished goods intwentories at 25% of the next quarter's budieted sales voliatne: Direct materiaks Each unit reguires 2 pounds of rawmaterials at a cont of $11 per poundi Maragement desires to maintain raw isateriald iriventories at 10 of of the neat quarter's production recuir einents Awsume the production requirecients for first quarter of 2023 are 558,000 pounds. Prepare the sules, production, and direct materials bodgets by quarters for 2022

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