Aly Integrated Corporation (Al) produces and sells dog food. The marketing department of Al has submitted the following sales forecast for bags of dog food for the upcoming four months (all sales are on account): - The selling price of each bag of dog food is $20.00 per unit. - Management desires an ending finished goods inventory in each quarter equal to 20% of the next month's budgeted sales. - Regarding direct materials, the dog food is made simply from dehydrated beef, and has no other ingredient. Each bag of dog food requires 2 pounds of beef. In order to be able to hit the ground running at the beginning of each month, Al prefers to have 25% of the next month's direct material production needs of beef on hand at the end of each month. Each pound of beef costs Al $3.00 to purchase. - For direct labor, each bag of dog food requires 12 minutes of direct labor time ( 0.20 direct labor hours per bag of food). The direct labor wage rate is $18 per hour. - Each bag of dog food requires 2 hours of machine time. The variable overhead rate is $0.50 per machine-hour. - Fixed Manufacturing Overhead amounts to $5,400 per month ( $16,200 per quarter). - Variable Selling expenses (which are primarily sales commissions) are 5% of sales dollars. - Fixed Selling and Administrative expenses total $1,500 per month. Required: 1. Calculate the budgeted sales dollars for the months of February and March. 2. Calculate the budgeted production in units of finished goods for the month of February. 3. Calculate the budgeted direct materials purchases in units (pounds of beef) and dollars that Al should purchase during the month of February. 4. Calculate the budgeted direct labor cost for the month of February. 5. Calculate the total budgeted manufacturing overhead for the month of February. 6. Calculate the manufacturing cost per unit and the budgeted cost of goods sold for February. 7. Calculate the budgeted selling and administrative expenses for February. 8. Create the budgeted income statement for February. Complete this question by entering your answers in the tabs below. Complete this question by entering your Calculate the budgeted sales dollars for the mol Calculate the budgeted production in units of finished goods for the month of February. Calculate the budgeted direct materials purchases in units (pounds of beef) and dollars that AI should purchase during the month of February