Prepare Sharpe's sales budget for the first quarter of $2025.$

$2.$ Prepare Sharpe's production budget for the first quarter of $2025.$

$3.$ Prepare Sharpe's direct materials budget, direct labor budget, and manufacturing overhead budget for the first quarter of $2025.$ Round the predetermined overhead allocation rate to two decimal places. The overhead allocation base is direct labor hours.

$4.$ Prepare Sharpe's cost of goods sold budget for the first quarter of $2025.$

$5.$ Prepare Sharpe's selling and administrative expense budget for the first quarter of $2025.$The Sharpe Batting Company manufactures wood baseball bats. Sharpe's two primary products are a youth bat, designed for children and young teens and an adult bat, designed for high school and college$-$aged players. Sharpe sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $$55$; the adult bat sells for $$75.$ Sharpe's highest sales volume is in the first three months of the year as retailers prepare for the sprin baseball season. Sharpe's balance sheet for December $31,2024,$ and other data for the first quarter of $2025$ follow:

$($Click the icon to view the balance sheet.$)$

$($i$)($Click the icon to view the other data.$)$

Read the requirements.

Requirement $1.$ Prepare Sharpe's sales budget for the first quarter of $2025.$

$\backslash$table$[[$Sharpe Batting Company$],[$Sales Budget$],[$For the Quarter Ended March $31,2025],[,$Youth,Adult,$],[,$Bats,Bats,Total$],[$Budgeted bats to be sold$],[$Sales price per unit$],[$Total sales,,.,$]]$

Requirement $2.$ Prepare Sharpe's production budget for the first quarter of $2025.$

Requirement $3.$ Prepare Sharpe's direct materials budget, direct labor budget, and manufacturing overhead budget for the first quarter of $2025.$ Round the predetermined overhead allocation rate to two decimal places. The overhead allocation base is direct labor hours.

Begin by preparing the direct materials budget.

Sharpe Batting Company

Direct Materials Budget

For the Quarter Ended March $31,2025$

Direct materials per bat $($ounces$)$

Direct materials needed for production

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