1. (20%) Standford, Inc., expects to sell 9,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is $12(1 hour/per unit @ $12/hour), and manufacturing overhead is $3 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 3.000 units Work-in-process inventory 0 units Finished goods inventory 300 units 3,000 units O units 500 units Required: Prepare the following budgets for the year 2019: a) Sales budget b) Production budget c) Direct material usage d) Direct labor budget e) Finished goods inventory budget. f) Cost of goods sold budge