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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

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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 2,00 units 3. To produce one unit, the company needs to spend 3 hours of direct labor. The wage rate per hour is $4. 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

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