Kimberly Young is preparing the 2022 budget for one of Current Designs' rotomoulded kayaks. Extensive meetings with members of the sales department and executive team have resulted in the following unit sales projections for 2022. Quarter 1 Quarter 2 Quarter 3 Quarter 4 2,500 kayaks 3,200 kayaks 2,150 kayaks 2,150 kayaks Current Designs' policy is to have finished goods ending inventory in a quarter equal to 20% of the next quarter's anticipated sales. Preliminary sales projections for 2023 are 1,100 units for the first quarter and 3.200 units for the second quarter. Ending inventory of finished goods at December 31, 2021. will be 500 rotomoulded kayaks, Production of each kayak requires 40 kg of polyethylene powder and a finishing kit (rope seat hardware etc). Company policy is that the ending inventory of polyethylene powder should be 20% of the amount needed for production in the next quarter. Assime that the ending inventory of polyethylene powder on December 31, 2021, is 20,200 kg. The finishing Kits can be assembled as they are needed. As a result, Current Designs does not maintain a significant inventory of the finishing kits The polyethylene powder used in these kayaks costs $1.40 per kilogram, and the finishing kits cost $140 each. Production of a single kayak requires 5 hours of time by more experienced, type I employees and 6 hours of finishing time by type ll employees. The type employees are paid $17 per hour, and the type II employees are paid $14 per hour. Selling and administrative expenses for this line are expected to be $42 per unit sold plus $6.200 per quarter Manufacturing overhead is assigned at 140% of labour costs Prepare the production budget for this product line by quarter and in total for 2022 CURRENT DESIGNS Production Budget For the Year Ending December 31, 2022 Q2 Q3 04 TOTAL Prepare the direct materials budget for this product line by quarter and in total for 2022. (Round cost per kg to 2 decimal places, c.8. 12.25 and other answers to decimal places, e.g. 125.) CURRENT DESIGNS Direct Materials Budget--Polyethylene Powder For the Year Ending December 31, 2022 Quarter Q1 Q2 Q3 04 Prepare the direct labour budget for this product line by quarter and in total for 2022 CURRENT DESIGNS Direct Labour Budget For the Year Ending Dec 31, 2022 02 03 04 TOTAL Q2 Q3 04 TOTAL Prepare the manufacturing overhead budget for this product line by quarter and in total for 2022. CURRENT DESIGNS Manufacturing Overhead Budget For the Year Ending Dec 31, 2022 Q3 Q1 Q2 04 % Prepare the selling and administrative expenses budget for this product line by quarter and in total for 2022. CURRENT DESIGNS Selling and Administrative Budget For the Year Ending Dec 31, 2022 Q2 03 Q4 TOTAL $ $