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having trouble solving this question. need help please Question a Thor Farm Supply Company manufactures and sets a fertilizer called Share. The following data are

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Question a Thor Farm Supply Company manufactures and sets a fertilizer called Share. The following data are available for preparing budgets for Snare for the first two quarters of 2020 1. Sales Quarter 1, 27,000 bags quarter 2,40,000 bags. Selling price is $57 per bag. 2. Direct materials: Each bag of Snare requires 4 kg of Gumm at 54 per kilogram and 6 kg of Tarrat 51.50 per kilogram 3. Desired Inventory levels Type of Inventory January 1 April 1 July 1 Snare (bags) 9,000 13,000 19,000 Guru (kg) 10,000 10,000 13,000 tor 12,000 21,000 26,000 4. Direct labour: Direct labour time is 15 minutes per bag at an hourly rate of $16 per hour 5. The company expects selling and administrative expenses to be 15% of sales plus $174,000 per quarter. 6. It expects income taxes to be 30% of income from operations. Your assistant has prepared two budgets: (1The manufacturing overhead budget shows expected costs to be 150% of direct labour cost. (2) The direct materials budget for Tarr shows the cost of Tart purchases to be $295,000 in quarter 1 and 438,000 in quarter 2 Prepare the following operating budgets by cuarters. (Note: Classily tema as variable and fixed in the selling and administrative expenses budget.) Do not prepare the manufacturing overhead budget or the direct materiais budget for Tare Prepare the direct labour budget by quarters. (Round direct labour hours per unit to 2 decimal places, e.g. 0.15.) TILGER FARM SUPPLY COMPANY Direct Labour Budget For the Six Months Ending June 30, 2020 Quarter 1 2 Six Months $ $ $ Prepare the direct materials budget by quarters. TILGER FARM SUPPLY COMPANY Direct Materials Budget-Gumm For the Six Months Ending June 30, 2020 Quarter Six 2 Months

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