FreshPak Corporation manufactures two types of cardboard boxes used in shipping canned food, fruit, and vegetables. The canned food box $($type C$)$ and the perishable food box $($type P$)$ have the following material and labor requirements.

Prepare a direct material budget for FreshPak Corporation for the next year. Assume an income tax rate of $40$ percent. Include the following schedules.

The following inventory information is available for the next year. The unit production costs for

each product are expected to be the same this year and next year.