Hardin Fabrications is preparing its master budget for the third quarter.

Average sales price of merchandise $$220$

Average ingots of steel per unit $3\mathrm{.}5$

Cost of one steel ingot $ $17\mathrm{.}00$

Direct labor hours per unit $1\mathrm{.}5$

Direct labor rate per hour $ $19\mathrm{.}00$

Projected Sales in Units

January $1,500$

February $1,875$

March $1,750$

April $2,000$

May $1,200$

June $1,900$

July $2,250$

August $2,100$

September $1,650$

October $3,200$

November $1,400$

December $1,900$

Variable overhead per unit produced $ $40\mathrm{.}00$

Fixed overhead per year $ $96,000$

Selling expense per unit sold $ $18\mathrm{.}00$

Fixed administrative expense per year $ $125,000$

Capacity for the year $25,000$

$\%$ of next month's sales in production ending inventory $30\%$

$\%$ of next month's production in materials ending inventory $25\%$

Units on hand July $1675$

Steel ingots on hand July $12,083($can you explain step by step how you get each numebr please$)$