Required information The following information applies to the questions displayed below.] Vista Electronics, Inc. manufactures two different types of coils used in electric motors. In the fall of the current year, Erica Becker, the controller, compiled the following data Sales forecast for 20x0 (all units to be shipped in 20x0) Product Light coil 64,00 Heavy coil Units Price 340 440 44,000 Raw-material prices and inventory levels Expected Inventories, anuary 1, 28x8 42,000 1lb 39,000 1b Anticipated Purchase Price Desired Inventories, Raw Material Sheet metal Copper wire Platform December 31, 20x0 46,000 1b 42,000 1b 17 6,400 units 7,400 units . Use of raw material Amount Used per Unit Raw Material Sheet metal Copper wire Platform Heavy Coil 4 lb. 2 lb Light Coil 3 1b 1 lb 2 unit Direct-labor requirements and rates: Product Light coil Heavy coil Hours per Unit Rate per Hour $ 10 15 Finished-goods inventories (in units) Expected January Desired December 31, Product Light coil Heavy coil 1, 20x0 29,000 8,500 20x0 34,000 9,500 . Production overhead Overhead Cost Item Purchasing and material handling Depreciation, utilities, and inspection Shipping General production overhead Activity-Based Budget Rate $0.80 per pound of sheet metal and copper wire purchased $7.00 per coil produced (either type) $1.00 per coil shipped (either type) $5.00 per direct-labor hour Required: 1. Prepare the sales budaet (in dollars) for 20x0