Cullumber Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2022 1. Sales: quarter 1,29,400 bagsiquarter 2,42,400 bags. Selling price is $63 per bag. 2. Direct materials each bag of Snare requires 4 pounds of Guman at a cost of 54 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired irventory levels; 4. Direct labor direct labor time is 15 minutes per bag at an hourly rate of $16 per haur. 5. Sehing and adrvirvistrative expenses are evpected to be 15% of sales plus 5176,000 per quarter: 6. Interestexpense is $100000. 7. Income taves are exnected to be 20s of income belore income taves. Your assistant has prepared two bodgets: (1) the monufacturing overhead budsot shows espected costs to be 125 . of direct bbor cont, and(2) the direct materials budget for Tarr shains the cost of Tarr purchases to be 5298,000 in quarter 1 and $423,500 in quarter 2 (Note: Do not prepare the manuifacturing overbesd budget or the direct materials budget for Tarre) (a) Prepare the sales budest. Prepare the sales budget. Prepare the brodkiction budget