Show me the steps to solve Preparation of Individual Budgets

During the first calendar quarter of the year, Clinton Corporation is planning to manufacture a new product and introduce it in two regions. Market research indicates that sales will

be $8,000$ units in the urban region at a unit price of $$53$ and $7,000$ units in the rural region at $$48$ each. Because the sales manager expects the product to catch on$,$ he has asked for

production sufficient to generate a $6,000-$unit ending inventory. The production manager has furnished the following estimates related to manufacturing costs and operating

expenses:

$*$Varies per unit sold, not per unit produced.

a$.$ Assuming that the desired ending inventories of materials A and $B$ are $6,000$ and $8,000$ pounds, respectively, and that work$-$in$-$process inventories are immaterial, prepare budgets

for the calendar quarter in which the new product will be introduced for each of the following operating factors:

Do not use negative signs with any of your answers below.

Total sales

Production

units

Material purchase cost

Direct labor costs

Manufacturing overhead costs