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Sheffield Corp. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year, The following budget data are availabie: Expenses are paid in the month incurred. If the company has budgeted sales of 6000 umbrellas in October, what is the total budgeted variable selling and administrative expenses for October? $94100$13800$16800$13700 Pharoah Farm Supply Company manutactures and sells a pesticide called Snare. The following data are avallable for preparing budgets for Snare for the first 2 quarters of 2022 1. Sales: quarter 1,29,400 bags; quarter 2,42,600 bags. Selling price is $63 per bag. 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $4 per pound and 6 pounds of Tarr at $175 per nound 3. Desired inventorylevels: A. Direct labor direct labor time is 15 minutes per bag at an hourly rate of $16 per hour. 5. Selling and administrative expenses are expected to be 15% of sales plus $179,000 per quarter. 6. Interest expense is $100,000 7. Income taxes are expected to be 20% of income before income taxes. Your assistant has prepared two budgets: (1) the manufacturing overhead budget shows expected costs to be 125% of direct labor cost, and (2) the direct materials budget for Tarr shows the cost of Tarr purchases to be $301,000 in quarter 1 and $426,500 in quarter 2. (Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr.) Prepare the sales budget. Prepare the production budget. Sheffield Corp. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year, The following budget data are availabie: Expenses are paid in the month incurred. If the company has budgeted sales of 6000 umbrellas in October, what is the total budgeted variable selling and administrative expenses for October? $94100$13800$16800$13700 Pharoah Farm Supply Company manutactures and sells a pesticide called Snare. The following data are avallable for preparing budgets for Snare for the first 2 quarters of 2022 1. Sales: quarter 1,29,400 bags; quarter 2,42,600 bags. Selling price is $63 per bag. 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $4 per pound and 6 pounds of Tarr at $175 per nound 3. Desired inventorylevels: A. Direct labor direct labor time is 15 minutes per bag at an hourly rate of $16 per hour. 5. Selling and administrative expenses are expected to be 15% of sales plus $179,000 per quarter. 6. Interest expense is $100,000 7. Income taxes are expected to be 20% of income before income taxes. Your assistant has prepared two budgets: (1) the manufacturing overhead budget shows expected costs to be 125% of direct labor cost, and (2) the direct materials budget for Tarr shows the cost of Tarr purchases to be $301,000 in quarter 1 and $426,500 in quarter 2. (Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr.) Prepare the sales budget. Prepare the production budget