please solve requirement 3 thank you!

The Langley Batting Company manulactures wood boseball bats. Langley's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for High school and colege-aged plinyers. Langley sells the bats to sporting goods stores and all avles aro on account. The youth bat sels for $40, the abult bat seals for $65. Langley's highest sales volume is in the first three months of the year as rotalees prepare for the spring baseball season. Langley's balance sheet for December 31,2018 , and other data for the first quarter of 2019 follow: Requirement 3. Prepare Langley's drect materials budgot, direct labor budget, and manufacturing overhead budgot for the first quacter of 2019 . Round the predelermined overtesd alocuson rate to two decimal places. Tho overbead allocation base is direct labor hourt. Data table More info a. Budgesed sales are 1,200 youf bats and 2,600 acut bats Finished Goods inventory on December 31, 2018, consists of 360 youth bats at $14 b. each and 950 adult bats at $16 each. Desired onding Finished Goods laventory is 350 youth bats and 300 aodit bats: c. FIFO inventory costing method is osed Direct materials requeements are 48 ounces of wood per youth bat and 56 ounces. d. of wood per adult bat. The cost of wood is $0.25 per ource. Raw Materials invensory on Decerbber 31, 2018, consiats of 24,000 ounces of wood e. at $0.25 per ounce. Desired ending Raw Materials Inventory is 24,000 ounces (indrect malerials ave f. insignificant and not considered for budgeing purposes). 9. Each bat requive 0.7 hours of diect tabor, direct laboc costs average $18 pec hour. h. Variable manulacturing overbead is $0.30 per bat. Foed manufacturing overtead incluses 51,300 per quarter in deprecistion and 1. $20,140 per quarter for other costs, such as insurance and property taus Faed selling and administrative expenses include 59,000 per quarter for awlaries: $2,500 per quarter for rent, 51,000 per quaref for insurance and 5200 per quarter I. for depreclation k. Variable sefing and administratve experses indude supples at 2% of salen. Data table