Q 4.2 JanuaryFebruaryMarchAprilMaySales Budget ($)10,00011,00012,00013,00014,000Production is regulated so that each month's openingstock of finishedgoods is sufficient for 50% of that month's sales requirements.Each unit producedrequires 2 kg of raw material at a cost of $2.50 per kg.Each month'sopening stock of raw materialmust be sufficient to satisfy that month's production.Selling price of each unit of productis $10.JanuaryFebruaryMarchAprilMay Required: Prepare a Materials Purchases Budget for the three months to 31 March.