Please answer all parts/requirements in this question. Much appreciated! I will rate you well.

(Click the icon to view the balance sheet.) (Click the icon to view the other data.) Read the requirements. Requirement 1. Prepare Cooke's sales budget for the first quarter of 2025 Data table More info a. Budgeted sales are 1,400 youth bats and 2,800 adult bats. b. Finished Goods Inventory on December 31, 2024, consists of 400 youth bats at $10 each and 840 adult bats at $16 each. c. Desired ending Finished Goods Inventory is 450 youth bats and 250 adult bats; FIFO inventory costing method is used. d. Direct materials requirements are 44 ounces of wood per youth bat and 54 ounces of wood per adult bat. The cost of wood is $0.20 per ounce. e. Raw Materials Inventory on December 31, 2024, consists of 20,000 ounces of wood at $0.20 per ounce. f. Desired ending Raw Materials Inventory is 20,000 ounces (indirect materials are insignificant and not considered for budgeting purposes). g. Each bat requires 0.4 hours of direct labor; direct labor costs average $25 per hour. h. Variable manufacturing overhead is $0.40 per bat. i. Fixed manufacturing overhead includes $800 per quarter in depreciation and $2,128 per quarter for other costs, such as insurance and property taxes. j. Fixed selling and administrative expenses include $15,000 per quarter for salaries; $3,000 per quarter for rent; $1,500 per quarter for insurance; and $350 per quarter for depreciation. k. Variable selling and administrative expenses include supplies at 3% of sales. Requirements 1. Prepare Cooke's sales budget for the first quarter of 2025. 2. Prepare Cooke's production budget for the first quarter of 2025. 3. Prepare Cooke's direct materials budget, direct labor budget, and manufacturing overhead budget for the first quarter of 2025 . Round the predetermined overhead allocation rate to two decimal places. The overhead allocation base is direct labor hours. 4. Prepare Cooke's cost of goods sold budget for the first quarter of 2025. 5. Prepare Cooke's selling and administrative expense budget for the first quarter of 2025