Incoivi itatemert for Ianoary Eqtimated sovies for Ionuary: B. Fithoted imventmies at lanwary. 1i. Biret nalsilats: Masties 5,000 the: I unined pioducts: 1, 900 unitsat fird bousa 115 ber in? 2.500 antsan-5? Budjever ber ise c. Denimid irweystarien at anhiay 31? Breft materialt. Woed Pisitili: Friblede aroducts 2.,5Ded alutiar bird trase \$1sper ank 3.000 uneitiatiso fini Itafaer d. Direct materials used in production: In manufacture of Bird House: 0.80ft. per unit Wood of product 0.10lb. per unit Plastic of product In manufacture of Bird Feeder: 0.20ft. per unit Wood of product 1.00lb. per unit Plastic of product e. Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $2.50 per ft. Plastic $0.80 per lb. f. Direct labor requirements: Bird House: 0.40hr. at $18 Fabrication Department per hr. 0.20hr. at $12 Assembly Department per hr. Bird Feeder: 0.25hr. at $18 Fabrication Department per hr. 0.10 hr. at $12 Assembly Department per hr: 9. Estimated factory overhead costs for January: Indirect factory wages Depreciation of plant and equipment Power and light Insurance and property tax $40,00020,00010,0005,000 h. Estimated operating expenses for January: Sales salaries expense $125,000 Advertising expense 80,000 Office salaries expense 40,000 Depreciation expense-office equipment 4,000 Travel expense-selling 25,000 Office supplies expense 2,500 Miscellaneous administrative expense 3,500 1. Estimated other revenue and expense for January: Interest revenue Interest expense 1. Estimated tax rate: 25% 1. Prepare a sales budget for January. 2. Prepare a production budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3. Prepare a direct materials purchases budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 4. Prepare a direct labor cost budget for January. 5. Prepare a factory overhead cost budget for January. attiadeit a regative aumbers ase a miss segn. 7. Prepare a selling and administrative expenses budget for Januarv. 8. Prepare a budgeted income statement for january. In the Other revenue and expense section, indicate expenses as negative amounts