Dupter 24 Question 1 of 2 > 16.67/50 1 Current Attempt in Progress Blossom 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 1,28,400 bags: quarter 2,43,800 bags Selling price is $61 per bag 2 Direct materials each bag of Snare requires 4 pounds of Gumm at a cost of $4 per pound and 6 pounds of Tarr at $1.5 per pound 3 Desired inventory levels Type of eventory January1 Snare bas 8.500 12.100 April July 1 18.100 Game (pound Tarr (pounds 9.300 10.500 13.100 14.200 20.100 25.100 Direct labor direct labor time is 15 minutes per bag at an hourly rate of $16 per hour 3 Selling and administrative expenses are expected to be 15% of sales plus $177,000 per quarter 6 interest experne is $100,000 7 come taxes are expected to be 20% of income before income taxes your assistant has prepared two budgets 11) the manufacturing overhead budget shows expected costs to be 125% of direct labor cost, and (2) the direct materials budget for Tarr shows the cost of Tarr purchases to be $301.000 in quarter 1 and $427,500 in quarter INote Denot prepare the manufacturing overhead budget or the direct materials budget for Tan)