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Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and 18,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $18 per hour. Desired inventory levels are: Jan. 31 Feb. 28 Mar. 31 4,500 4,900 5,000 Beginning Inventory Finished Goods Direct Materials: silicon Direct Materials: solution 8,500 9,100 9,200 11,200 12,000 13,000 Prepare a sales budget. From the budget, identify the Total Sales Revenue for the months of January and February $925,000 $675,000 $1,485,000 O $810,000 Question 2 3 pts Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and 18,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct laborat a labor rate of $18 per hour. Desired inventory levels are: Jan. 31 Feb. 28 Mar. 31 4,500 4,900 5,000 Beginning Inventory Finished Goods Direct Materials: silicon Direct Materials: solution 8,500 9.100 9,200 11,200 12,000 13,000 Prepare a production budget. From the budget, identify the Total Required Production for the months of January and February. O 17,200 15,400 O 33,500 18,100 Question 3 3 pts Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and 18,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $18 per hour. Desired inventory levels are: Jan. 31 Feb. 28 Mar. 31 4.500 4,900 5,000 Beginning Inventory Finished Goods Direct Materials: silicon Direct Materials: solution 8,500 9,100 9,200 11,200 12.000 13,000 Prepare a direct materials budget for silicon. From the budget, identify the Total Cost of Direct Material Purchase for silicon for the months of January and February. O $169,250 $145,500 $90,750 O $156,300 Question 4 3 pts Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and 18,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $18 per hour. Desired inventory levels are: Jan. 31 Feb. 28 Mar. 31 4,500 4,900 5,000 Beginning Inventory Finished Goods Direct Materials: silicon Direct Materials: solution 8,500 9,100 9,200 11,200 12,000 13,000 Prepare a direct materials budget for solution. From the budget, identify the Total Cost of Direct Material Purchase for solution for the months of January and February. O $306,900 $285,800 $169,250 O $310,200 Question 5 3 pts Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and 18,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $18 per hour. Desired inventory levels are: Jan. 31 Feb. 28 Mar. 31 4,500 4,900 5,000 Beginning Inventory Finished Goods Direct Materials: silicon Direct Materials: solution 8,500 9,100 9,200 11,200 12,000 13,000 Prepare a direct labor budget. From the budget, identify the Total Direct Labor Cost for the months of January and February. $288,900 $310,500 $301,500 O $306,900