QUESTION 1 The following information relate to SAS Company 1. Estimated sales are 2,500 units at price of $8 each unit. 2. SAS would like to keep an ending Inventory of 500 units. The beginning inventory is 1.000 units 3. To produce one in the company needs to spend 3 hours of direct labor. The wage rate per hour 54 4. To produce one unit, the production department needs to use 4 kilo grams of direct material The purchasing prices $5 paclitogram Required: prepare the following 1. Sales budget 2 Production Budget 3. Wages Budget 4 Raw Material Purchasing Budget