$13$ Farm Company manufactures and selis a pesticide called Alare. The budgets above were taken from the master budget of $2018.$ The unit cost in $2017$ was $$15,$ and the company uses the FIFO inventory method. Income taxes are expected to be $30\%$ of income from operations. Prepare the budgeted income statement for the first $6$ months. Show the calculation of unit cost and COGS separatelyPrepare a Flexible Manufacturing Overhead Budget for Farm Company for the first six months of $2018$ with increments of $4\mathrm{.}000$ production units for the expected range of $74\mathrm{.}000$ and $82,000$ units $($Omit quarterly budgets$)($Hint: The master budget was prepared for $78,000$ units and $19,500$ DL hours$)(15$ pts$)3.)$ Prepare a Flexible Manufacturing Overhead Budget Report for the Farm Company for the first six months of $2018.(12$ pts$)$Farm Company produced $74,000$ units, and the actual manufacturing overhead costs information for the first six months of $2018$Variable costsIndirect materials $ $10\mathrm{.}800$Indirect labor$25,00012,600$Maintenance$48,400$Total variableFixed costsSupervisory salaries $30,000140,000$Depreciation$35,000$Maintenance$205,000$Total fixed