Question one: (12 points The following information relate to SAS Company 1. Estimated sales are 5,000 units at price of $8 each unit. 2. SAS would like to keep an ending inventory of 1,000 units. The beginning inventory is 2,0 units To produce one unit, the company needs to spend 3 hours of direct labor. The wage rate per hour is$4. 3. 4. To produce one unit, the production department needs to use 4 kilo grams of direct material "T" The purchasing price is $5 per kilo gram. Required: prepare the following: 1. Sales budget 2. Production Budget 3. Wages Budget 4. Raw Material Purchasing Budget