P$1.$ Coyote Inc. is preparing its annual budgets for the year ending December $31,2024.$ Accounting assistants furnish the data shown below.

Sales budget:

Anticipated volume in units of finished good: $100,000$ units in the first quarter with

Unit selling price

$25,000$ units increase in each succeeding quarter. $$20$

Production budget:

Desired ending finished goods units: $10\%$ of next quarter's slaes

Expected the first quarter of $2025$ sales:

$125,000$ units

Direct materials budget:

Direct materials per unit of finished good

$4$ pounds

Desired ending inventory of direct materials: $20\%$ of the next quarter's production requirements.

Beginning direct materials pounds $82,000$ pounds

Cost per pound of materials

$$3$

Direct labor budget:

Direct labor time per unit of finished good

Direct labor rate per hour

$0\mathrm{.}5$ hour

$$20$

Manufaccturing overhead budget $(MOH)$ :

Variable MOH :

Indirect materials per direct labor hour:$-$

$$2$

Indirect labor per direct labor hour:

Others per direct labor hour:

Fixed MOH :

$$1\mathrm{.}50$

$$0\mathrm{.}50.$

Rents:

$$60,000$

Salaries:

$$80,000$

Instructions: Prepare budgets for sales, production, direct materials, direct labor, and MOH for each quarter and the entire year $2024.$