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please help! I appreciate it! for Snare for the first 2 quarters of 2025 . 1. Sales quarter 1,29,800 bagw quarter 2,43,800 bags. Selling price

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for Snare for the first 2 quarters of 2025 . 1. Sales quarter 1,29,800 bagw quarter 2,43,800 bags. Selling price is 563 per bag 2. Direct materiak esach bay of Snare requires 4 pounds of Gumm at a cost of 54 per pound and 6 pounds of Tarr at $1.75 per pound. 3. Desired ieventorylevels: 4. Direct labor direct labor time is 15 minutes per bag, at an hourly rate of $16 per hour. 5. Selling and administrative expenses are expected to be 15% of sales plus $180000 per quarter. 6. Interest expense is $100,000 for the 2 quarters 7. Income taxos are expected to be 20x of income before income taxes. 4. Direct labor: direct labor time is 15 minutes per bag at an hourly rate of $16 per hour. 5. Selling and administrative expenses are expected to be 15% of sales plus $180,000 per quarter. 6. Interest expense is $100,000 for the 2 quarters. 7. Income taxes are expected to be 20% of income before income taxes. Your assistant has prepared two budgets: (1) the manufacturing overhead budget shows expected costs to be 125% of direct labor cost. and (2) the direct materials budget for Tarr shows the cost of Tarr purchases to be $298,000 in quarter 1 and $423,500 in quarter 2. Assignment 22-8 REQUIRED Beronnins findert coods unts Coiting pound Ques Ditectiator Cost ber Hine: Direct Noteriasper Une Dirat Materiab Purtanes Expectelunitsole Totur Oirect Labor Cont Prepare the selling and administrative expense budget. Prepare the seiling and administrative expense budget

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