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Sales, Production, Direct Materlals Purchases, and Direct Labor Cost, Busigets The budget director of Royal Fumiture Company requests estimates of sales, production, and other openating data from the varlous administrative units every month. Selected information concerning sales and production for February is summarized as foilows: a. Estimated sales of King and Prince chairs for February by sales territory: Northern Domestic: King 610 units at 5780 per unit Prince 750 units at $550 per unit. Southern Domestic: King 340 units at $780 per unit Prince 440 units at $550 per unit Internationali Wing 360 units at $850 per unit: Prince 290 units at $600 per unit; b. Estimated inventories at February 1: Direct materialst: Direct materials? c. Desired inventories at February 28: Niract mabarlale: d. Direct materials used in production: In manufocture of King: Intmanufacturte of Prince: e, Anticipated purchase price for direct materlals: t. Direct labor requirements: 1. Prepare a sales budget for February. 2. Prepare a production budget for February. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3. Prepare a direct materials purchases budget for February. For those boxes in which you must enter subtracted or negative numbers use a minus sign 4. Prepare a dired labor cost builget for February. 4. Prepare a direct labor cost budges for February