Cook Farm Supply Company manufactures and sells a pesticide called Share. The following data are wailable for preparing bits for Scare for the first 2 quarters of 2022. 1 Sales: quarter 1.40.000 ts quarter 2.56.000 bags Selling price is $0 per bag Direct materials each bag of Soare requires pounds of Gurm at a cost of 53.5 per pound wdopounds of Tarrat 515 pound 3. Desired Inventory levels 2 January 1 April July 1 8.000 15.000 11100D Type of Inventory Snares Gumm (pounds Tur pounds 10.000 13.000 9,000 14.000 20.000 25 000 4 5 Direct labor: direct labor time is 15 minutes per bag at an hourly rate of 536 per hour Selling and administrative expenses are expected to be 15% of sales plus $175.000 per obter Interest expense is $100.000, Income taxes are expected to be 20% of income before income taxes 6 7. Your assistant has prepared two budgets (1) the manufacturing overtiead but shows expected costs to be 123 meter cost, and (2) the direct materials budget for Tore shows the cost of Yarr porchases to be $267.000 in care inde Quarter 2 (Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Twe) kindly provide full