a) Make the sales budget by quarters.

b) Make the production budget by quarters.

c) Make the direct labour budget by quarters.

d) Make the direct materials budget by quarters.

e) Make the selling and administrative expense budget by quarters.

f) Make the budgeted income statement for the first six months.

Tilger Farm Supply Company manufactures and sells a fertilizer called Snare. The following data are available for preparing budgets for Snare for the rst two quarters of 2020. 1. Sales: Quarter 1, 27.000 bags; quarter 2, 40,000 bags. Selling price is $61 per bag. 2. Direct materials: Each bag of Snare requires 4 kg of lGumm at $4 per kilogram and 6 kg of Tarr at $1.50 per kilogram. 3. Desired inventory levels: Snare (bags) 3".000 13,000 19,000 GU mm (kg) 9,000 9,000 14,000 Tarr (kg) 13.000 20,000 26,000 4. Direct labour: Direct lab-our lime is 15 minutes per bag at an h-audyr rate of $14 per hour. 5. The company expects selling and administrative expenses to be 15% of sales plus $176,000 per quarter. 6. It expects income taxes to be 30% of inoome from operations. Your assistant has prepared two budgets: (1) The manufacturing overhead budget shows expected costs to be 150% of direct labour cost. [2) The direct materials budget for Tarr shows the cost ofTarr purchases to be $296,000 in quarter 1 and $439,000 in quarter 2. Prepare the following operating budgets by quarters. (Note: Classify items as variable and xed in the selling and administrative expenses budget.) Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr