1. Prepare a sales budget for March. 2. Prepare a production budget for March. Enter all amounts as positive numbers. 3. Prepare a direct materials purchases budget for March. Enter all amounts as positive numbers. 1. Prepare a sales budget for March. 3. Prepare a direct materials purchases budget for March. Enter all amounts as positive numbers. 4. Prepare a direct labor cost budget for March. 7. Prepare a selling and administrative expenses budget for March. 8. Prepare a budgeted income statement for March. Enter all amounts as positive numbers. 8. Prepare a budgeted income statement for March. Enter all amounts as positive numbers. c. Desired inventories at March 31: Direct materials: Plastic Foam lining 50lb. 65lb. Finished products: Batting helmet 50 units at $25 per unit Football helmet 220 units at $78 per unit d. Direct materials used in production: In manufacture of batting helmet: Plastic 1.20lb. per unit of product Foam lining 0.50 lb. per unit of product In manufacture of football helmet: Plastic 3.50 lb. per unit of product Foam lining 1.50 lb. per unit of product e. Anticipated cost of purchases and beginning and ending inventory of direct materials: Plastic $6.00 per lb. Foam lining $4.00 per lb. f. Direct labor requirements: Batting helmet