Diane Buswell is preparing the $2022$ budget for one of Current Designs' rotomolded kayaks. Extensive meetings with members of the sales department and executive team have resulted in the following unit sales projections for $2022.$Quarter $1$Quarter $2$Quarter $31,600$ kayaks$2,100$ kayaks$1,350$ kayaksQuarter $41,350$ kayaksCurrent Designs' policy is to have finished goods ending inventory in a quarter equal to $20\%$ of the next quarter's anticipated sales.Preliminary sales projections for $2023$ are $1,100$ units for the first quarter and $2,100$ units for the second quarter. Ending inventory of Finished goods at December $31,2021,$ will be $320$ rotomolded kayaks.Production of each kayak requires $60$ pounds of polyethylene powder and a finishing kit $($rope$,$ seat, hardware, etc.$).$ Company policy is that the ending inventory of polyethylene powder should be $25\%$ of the amount needed for production in the next quarter. Assume that the ending inventory of polyethylene powder on December $31,2021,$ is $19,400$ pounds. The finishing kits can be assembled as they are needed. As a result, Current Designs does not maintain a significant inventory of the finishing kits.The polyethylene powder used in these kayaks costs $$1\mathrm{.}00$ per pound, and the finishing kits cost $$140$ each. Production of a single kayak requires $2$ hours of time by more experienced, type I employees and $3$ hours of finishing time by type Il employees. The type I employees are paid $$18$ per hour, and the type II employees are paid $$15$ per hour.Selling and administrative expenses for this line are expected to be $$42$ per unit sold plus $$7,500$ per quarter. Manufacturing overhead is assigned at $150\%$ of labor costsPrepare the production budget for this product line by quarter and in total for $2022.$