and other data for the first quarter of 2025 follow: (Click the icon to view the balance sheet.) (Click the icon to view the other data.) Data table More info a. Budgeted sales are 1,900 youth bats and 3,300 adult bats. b. Finished Goods Inventory on December 31, 2024, consists of 400 youth bats at 516 each and 450 adult bats at $19 each. c. Desired ending Finished Goods Inventory ls 300 youth bats and 520 adult bats; FIFO inventory costing method is used. d. Direct materials requirements are 44 ounces of wood per youth bat and 60 ounces of wood per adult bat. The cost of wood is $0.35 per ounce. e. Raw Materials Inventory on December 31, 2024, consists of 20,000 ounces of wood at $0.35 per ounce. f. Desired ending Raw Materials Inventory is 20,000 ounces (indirect materials are insignificant and not considered for budgeting purposes). 9. Each bat requires D.3 hours of direct labor, direct labor costs average $25 per hour. h. Variable manufacturing overhead is $0.80 per bat. I. Fixed manufacturing overhead includes $1,000 per quarter in depreciation and $5,721 per quarter for other costs, such $s insurance and property taxes. j. Fixed selling and administrative expenses include \$15,000 per quarter for salaries; $5,500 per quarter for rent; $1,800 per quarter for insurance; and $500 per quarter for depreciation. k. Variable selling and administrative expenses include supplies at 1% of sales. Requirement 1. Prepare Vinson's sales budget for the first quarter of 2025. Requirement 2. Prepare Vinson's production budget for the first quarter of 2025 . Prepare the direct labor budget. (Enter any hours per unit amounts to two decimal places, X.XX.) Review the production budget you prepared above. Prepare the manufacturing overhead budget. (Enter any per unit amounts to two decimal places, X.XX. Abbreviations used: VOH = variable manufacturing overhead; FOH = fixed manufacturing overhead.) Review the production budget you prepared above. Review the direct labor budget you prepared above. Requirement 4. Prepare Vinson's cost of goods sold budget for the first quarter of 2025. Before preparing the cost of goods sold budget, calculate the projected manufacturing cost per bat for 2025 . (Round all amounts to the nearest cent.) Requirement 5. Prepare Vinson's selling and administrative expense budget for the first quarter of 2025. Review the sales budget you prepared above