Help with portion A and B please. thank you so much.
Cook Farm Supply Company manutactures and sells a pesticide called Snare. The following data are availabie for preparing budgets for Snare for the first 2 quarters of 2022. 1. Sales: quarter 1,40,000 bagsqquarter 2,56,000 bags. Selling price is $60 per bag. 2. Direct materialsi each bas of 5 rare requires 4 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired irventorylevels 4. Direct labor direct labor time is 15 minutes per bag at an hourly rate of $16 per hour. 5. Selling and admintstrative expenses are expected to be 15 . of sales plus $175.000 per quarter. 6. interest expense is $100,000. 7. Income taxes are expected to be 20% of income before income tawes. Your assistant has prepared fwo budgets: (1) the manutacturing overhead budget shows expected costs to be 125 of direct labor cost, and (2) the direct materials budget for Tarr shows the cost or Tarr purchases to be $297,000 in quarter 1 and $139.500 in cuarter 2. (Note: Do not prepare the nanutacturing overhead budget or the direct materials budget for Tare). (a) Prepare the sales buidgrt. Prepare the sales budget. Prepare the prodaction budget. COOK FARM SUPPLY COMPANY Sales Budget For the Six Months Endine June 30, 2022 Quarter Prepare the prodiaction budget. COOK FARM SUPPLY COMPANY Production Budget Direct Moterials Purchases Total Materials Required Total Direct Labor Cost Direct Labor Time per Unit Total pounds Needed for Production Direct Materials per Unit Beginnieng Direct Materials Tothl Cost of Direct Materials Purchases Direct Laber Cost per Heur Cxpected Unit Sales beginning Finliched Goods Units Tpal Arquired Units Quarter 111 Desired f haine Finished Coods Units Total Heguired Oirect Labor Hourn Peairea Ending Direct Molerials Hequared Hroduction unita Cost per Pound