I only need the last part please.

Blossom Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2022. 1. Sales: quarter 1, 28,400 bags; quarter 2,43,800 bags. Selling price is $61 per bag, 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $4 per pound and 6 pounds of Tarrat $1.50 per pound. 3. Desired inventory levels: Type of Inventory January 1 April 1 July 1 Snare (bags) 8,500 12.100 18.100 Gumm (pounds) 9,300 10,500 13,100 Tarr (pounds) 14,200 20,100 25.100 4. Direct labor: direct labor time is 15 minutes per bag at an hourly rate of $16 per hour, 5. Selling and administrative expenses are expected to be 15% of sales plus $177,000 per quarter. 6. Interest expense is $100,000. 7. Income taxes are expected to be 20% of income before income taxes. Your assistant has prepared two budgets: (1) the manufacturing overhead budget shows expected costs to be 125% of direct labor cost, and (2) the direct materials budget for Tarr shows the cost of Tarr purchases to be $301,000 in quarter 1 and $427,500 in quarter 2 (Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr.) Question 1 of 4 22.37 / 25 E (a) Your answer is correct. Prepare the sales budget. BLOSSOM FARM SUPPLY COMPANY Sales Budget For the Six Months Ending June 30, 2022 Quarter Six Months 1 2 Expected Unit Sales 28400 43800 72200 Unit Selling Price $ 61 $ 61 $ 61 Total Sales + $ 1732400 2671800 4404200 Prepare the production budget. BLOSSOM FARM SUPPLY COMPANY Production Budget For the Six Months Ending June 30, 2022 Quarter 2 Expected Unit Sales 28400 43800 Question 1 of 4 > 22.37 / 25 E BLOSSOM FARM SUPPLY COMPANY Production Budget For the Six Months Ending June 30, 2022 4 Quarter 2 Expected Unit Sales 28400 43800 Add : Desired Ending Finished Goods Units 12100 18100 Total Required Units 40500 61900 Less Beginning Finished Goods Units 8500 12100 Required Production Units 32000 49800 e Textbook and Media Attempts: unlimited Your answer is correct. Prepare the direct materials budget. (Round Cost per pound answers to 2 decimal places, e.g. 52.70.) BLOSSOM FARM SUPPLY COMPANY Direct Materials Budget-Gumm Question 1 of 4 22.37 / 25 E Prepare the direct materials budget. (Round Cost per pound answers to 2 decimal places, e.g. 52.70.) BLOSSOM FARM SUPPLY COMPANY Direct Materials Budget-Gumm For the Six Months Ending June 30, 2022 Quarter 2 Units to be produced 32000 49800 Direct Materials per Unit 4 4 Total Pounds Needed for Production 128000 199200 Add : Desired Ending Direct Materials (Pounds) 10500 13100 Total Materials Required 138500 212300 Less Beginning Direct Materials (Pounds) . 9300 i 10500 i Direct Materials Purchases 129200 201800 Cost per Pound 4 Total Cost of Direct Materials Purchases 516800 807200 Prepare the direct labor budget. (Enter Direct labor time per unit in proportion to hours, e.g. for 45 minutes the proportion will be 0.75.) BLOSSOM FARM SUPPLY COMPANY Direct lahor Pudant Question 1 of 4 > 22.37 / 25 Prepare the direct labor budget. (Enter Direct labor time per unit in proportion to hours, e.g. for 45 minutes the proportion will be 0.75.) BLOSSOM FARM SUPPLY COMPANY Direct Labor Budget For the Six Months Ending June 30, 2022 ; Quarter Si Mon 1 2 Units to be Produced 32000 49800 Direct Labor Time (Hours per Unit 0.25 0.25 Total Required Direct Labor Hours 8000 12450 Direct Labor Cost per Hour $ 16 $ 16 Total Direct Labor Cost 128000 $ 199200 Prepare the selling and administrative expense budget. BLOSSOM FARM SUPPLY COMPANY Selling and Administrative Expense Budget For the Six Months Ending June 30, 2022 Quarter Si Mon 2 Budgeted Sales in Units 28400 43800 Question 1 of 4 22.37 / 25 E (c) Your answer is partially correct. Prepare the budgeted multiple-step income statement for the first 6 months. (Round intermediate calculations to 2 decimal places and final answer to O decimal places, e.g. 1,255.) BLOSSOM FARM SUPPLY COMPANY Budgeted Income Statement For the Six Months Ending June 30, 2022 - Sales 4404200 Cost of Goods Sold + 2397040 Gross Pront + 2007160 Selling and Administrative Expenses - 1014630 Income from Operations + 992530 Interest Expense 100000 i Income Before Income Tax 892530 Income Tax Expense 267759 Net Income /(Loss) 624771 e Textbook and Media