HI, attached questions are my assignment for this week, it has to be a 3-4 pages response . Please do this in APA format.Also attach the similarity index. Please feel free to contact me if you have any questions   Refer to Exercises 7-3 and 7-4 in your textbook and answer the questions that follow. Your response should be 3 -4 pages long, including attachments, and follow APA format.   Exercise 7-3 Manufacturing: Production budget P1 Hospitable Co. provides the following sales forecast for the next four months: April May June July Sales (units) . . . . . . . . 500 580 540 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month’s sales. Finished goods inventory on April 1 is 190 units. Assume July’s budgeted production is 540 units. Prepare a production budget for the months of April, May, and June.  Exercise 7-4 Manufacturing: Direct materials budget P1  Refer to the information in Exercise 7-3. In addition, each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month’s production needs. Beginning raw materials inventory for April was 663 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June.  Thanks

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