n8 Following is 1) the budgeted sales in units and 2) the required production in units for the third quarter, 2022 for Cristal Enterprise: nswered wut of uestion July August SeptemberTotal October Budgeted sales 15,000 32,000 24,000 71,000 26,000 Required production 20,000 30,000 25,000 75,000 27,000 If each unit requires 2 kilograms of materials, whereby the company buys the materials from its supplier at $10 per kilo. The company requires an ending inventory of raw materials of 25% of next month required materials. Additionally, each unit takes 1 hour of labor time to be fully produced, and labor hourly wage is SIO The company follows a no layoff policy and pays no overtime. The minimum number of guaranteed hours for labor is 25,000 hours, Required: 1. prepare a direct materials budget 2. prepare a direct labor budget