popular tems is a cordless power handisaw. Each handisaw sls for $60. Wesley expects the following unit sales Wosley Power Tools manufactures a wide varilety of tools and accessories One of its more 2.400 2,800 3,100 2.700 2,200 February Api May Suppose each handsaw takes approximanely 25 hours to manufacture, and Wesley pays an average labor wage of $14 .50 per hour Each handisaw requires a plastic housing that Wesley purchases from a suppler at a cost of $4.00 each. The company Wesley's ending feished goods inventory polay is 25 percent of the next month's sales has an ending raw materials inventory policy of 10 percent of the following month's requirements. Materials other than the housing unit total $3.50 per handisaw Manufachuring overthead for this product nckudes $63oo0 annual fxed overhead (based on production of 21,000 units) and $1.10 per unit variable manufacturing overhead. Wesley's seling expenses are 4 Required 1. Compute t he budgeted cost of goods sole for he first quarter,(Round direct material,direct lebor and overhead costs per unit to 2 decimal places Round final answers to the nearest dollar amount.) Budgeled Cost of Goods Sol 2. Compue the budgeted selling and adminisrative expenses Budgeted Seling and Adinisive Experes 3 Complete the budgeted income statement for the handisaw product for the first quarter (Round direct material, direct labor and overhead costs per unit to 2 decimal places. Round final answers to the dolar amount) POWER Budgeted lncome Statement For the Quarter Ending March March 1st Quarter Tota