Problem I Baker Industries manufactures two products: A and B. The company predicts a sales volume of 10,000 units for product A and ending finished-goods inventory of 2,000 units. These numbers for product B are 12,000 and 3,000, respectively. Bacon currently has 7,000 units of A in inventory and 9,000 units of B. The following raw materials are required to manufacture these products: Raw Material Cost per Pound X Y Z $2.00 2.50 1.25 Required for Product A B 2 pounds 1 pound 1 pound 3 pounds Product A requires three hours of cutting time and two hours of finishing time; B requires one hour and three hours, respectively. The direct labor rate for cutting is $10 per hour and $18 per hour for finishing. Required: A. Prepare a one-month production budget in units for products A and B. B. Prepare a one-month materials usage budget in pounds and dollars for materials X, Y, and Z. C. Prepare a one-month direct labor budget in hours and dollars for product A