Levi Strauss and Co. is planning to introduce two new slacks to complement its highly successful action line of products this year. One model, the Techno Slack, will be a wash and wear 100% nylon slack, with flared pant legs in subdued pastel colors. The Tailored Classic's model will be styled more conservatively. It uses a polyester/wool blend fabric, and it will feature pleats, cuffs, and a belt. The following information was presented to the budget department (for 2022): Projected Sales: Product Techno Slack Tailored Classic Units 1,200 Price $ 35 $ 50 800 Inventories in units: Ending (12/31/22) Product Beginning (1/1/22) Techno Slack 200 Tailored Classic 100 150 120 Direct materials data: ---Inventories (yds)-- Begin. Ending Purchase Direct Material Nylon Blend Unit Yards Yards -----Amount Used Per unit------ Tailored Techno Slack Classic 1.0 1.5 Price (yds) $8 $10 (1/1/22) (12/31/22) 150 130 50 80 Projected direct labor requirements and costs for 2022: Product Techno Slack Tailored Classic Hours per Unit 24 .30 Rate per hour $12 $14 The budget for manufacturing overhead costs (which is allocated to products using a plant-wide overhead rate based on direct labor hours) is $9,396. Required: 1. (2 pts) Revenue budget (in dollars) 2. (2 pts) Production budget (in units) 3. (2 pts) Direct materials purchases budget (in quantities) 4. (2 pts) Direct manufacturing labor budget (in dollars) 5. (2 pts) Product cost/unit for the Techno Slack only