plus.com/courses/29326/assignments/28438737module item id-9593331 Show Attempt History Current Attempt in Progress CookForm S ly Company m atures and respe c ted are the following dat we vote for preparing for Sure for the first of 2020 1 Sales quarter. 29.400 ha 2.42200 b i n 562 prebe 2. Direct material ach bag of Sarregues pounds of ammatto per 3 Desired inventory levels and 6 pouch 5150 per pound Type of Snarea Gure bound Tarr pounds) mytty 100 12,200 10.500 9.300 10.00 1.100 14100 20,200 25.200 4 Dit labor direct labores 15 minutes per hourly rate of 16 per hour 5 Selling and administrative expenses are expected to be 15% of sales plus $179.000 per quarter terest is $100.000 7 Income taxes are spected to be 30of income before income taxes Your tant has prepared two budete (1) the monacturing ved but shows xpected costs to be 125 of direct labor cost and (2) the direct material budget for Torshows the cost of a purchases to be $301.000 in quarter 1 and $424 500 in quarter 2 Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tare Prepare the direct materials budget. Round Cost per pound answers to 2 decimal places, 5270) COOK FARM SUPPLY COMPANY Direct Materials Budget-Gumm Quarter Months Prepare the direct laborbudet (Enter Direct loborti per unit in proportion to hours, for 45 minutes the proportion will be 0.75) COOK FARM SUPPLY COMPANY Direct Labor Budget Prepare the selling and administrative pense budget COOK FARM SUPPLY COMPANY Selling and Administrative Expense Budget Quarter plus.com/courses/29326/assignments/28438737module item id-9593331 Show Attempt History Current Attempt in Progress CookForm S ly Company m atures and respe c ted are the following dat we vote for preparing for Sure for the first of 2020 1 Sales quarter. 29.400 ha 2.42200 b i n 562 prebe 2. Direct material ach bag of Sarregues pounds of ammatto per 3 Desired inventory levels and 6 pouch 5150 per pound Type of Snarea Gure bound Tarr pounds) mytty 100 12,200 10.500 9.300 10.00 1.100 14100 20,200 25.200 4 Dit labor direct labores 15 minutes per hourly rate of 16 per hour 5 Selling and administrative expenses are expected to be 15% of sales plus $179.000 per quarter terest is $100.000 7 Income taxes are spected to be 30of income before income taxes Your tant has prepared two budete (1) the monacturing ved but shows xpected costs to be 125 of direct labor cost and (2) the direct material budget for Torshows the cost of a purchases to be $301.000 in quarter 1 and $424 500 in quarter 2 Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tare Prepare the direct materials budget. Round Cost per pound answers to 2 decimal places, 5270) COOK FARM SUPPLY COMPANY Direct Materials Budget-Gumm Quarter Months Prepare the direct laborbudet (Enter Direct loborti per unit in proportion to hours, for 45 minutes the proportion will be 0.75) COOK FARM SUPPLY COMPANY Direct Labor Budget Prepare the selling and administrative pense budget COOK FARM SUPPLY COMPANY Selling and Administrative Expense Budget Quarter