Preparation of Individual Budgets During the first calendar quarter of 2019. Clinton Corporation is planning to manufacture a new product and introduce it in two regions Market research indicates that sales will be 6.000 units in the urban region at a unit price of $53 and 5.000 units in the rural region as $48 each. Because the sales manager expects the product to catch on, he has asked for production sufficient to generate a 4,000-unit ending inventory. The production manager has furished the following estimates related to manufacturing costs and operating expenses Manufacturing costs Direct materials Variable Fixed (per unit) (total) AM Bum $3.15b3 $465) Direct labor 10.5 hours per uni $12.00 9.30 750 Manufacturing overhead Deprecation Factory supplies $7.650 0.90 4.500 Supervisory salaries 200800 Other 075 22.950 Operating expenses Seling Advertising 22,500 Sales salaries commissions 1.50 15,000 Other 090 1000 Admtrative office 2,700 015 1050 0.08 1950 sold, not per unit produced, and that work-in-process inventones are immaterial, prepare budgets for the calendar