The budget director of Birding Homes a Feeders Inc, whth the assistance of the controller, treasurec, production mannger, and sales thanager, has gathersd ohe following data for use in developing the budgeted income statement for fanuary: a. Fatimated sales for strusty Bird house 15,000 units at $25 per unit Bird feeder 40,000 units at $15 per unit b. Estimated imventories at Janisary i: Direct materials: Wood 600f. Plaste 1,000 ibs. Finished products: Bird house 1,000 units ot $15 per unit Bird feeder 2,500 units at $9 per unit C. Desired inventories at January 31: Direct materials: Wood 500R. Plastic 1,250 los. Finished products: Bird house 1,500 units at $15 per unit Bird feeder 3,000 units at $8 per unit d. Direct materials used in production: in manufacture of Bird House: Wood 0.10r. per unit af product Plastic 0.10tb per unit of product: d. Direct materials used in production: th manufacture of elird House: Wood 0.80ft per unit of product Plastic 0.10fb, per unit of product In manufacture of Bird Feeder: Wood 0.20r. per unit of product Piastic 1.00 ib. per unit of product c. Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $2.50 per ft. plastic $h30 per ib. f. Direct labor requirements: Bird House! Fabrication Deportment 0.40 he at $18 per he Assembly Department 0.20 he at $12 per he. Bird feeder: Fabrication Department 0.25 hri at st8 per he Assembly Department 0.10he at $12 per br. g. Estimated factory overhead costs for Januar: h. Estimated operating expenses for January: i. Estimated other revenue and expense for January: 1. Estimated tax rate: 25% Required: 1. Prepare a sales budget for January. 2. Prepare a production budget for January. For those boxes in which you must eoter subtracted ar negative mumbers use a minus sign. 3. Prepare a direct materials purchases budget for January. For those boxes in which you must enter subtracted or negative numbers use a dinus sign. 3. Prepare a direct matnriais purchases budget for lanuary. For those boxes in which you must enter subtracted or negative inumbers use a minus sign 4. Prepare a direct labor cost budget for January. 4. Prepare a direct laber cost budget for January. Birding Homes s Feeders Inc. 5. Prepare a finctory overhead cost budpet for January. 5. Prepare a factory overhead cost busget for January. estimated to be $10,500. For those boxes in which vou must enter subtrotted ec negative numbers use a minus van. 7. Prepare a seling and administrative expenses budget for January. Prepare a budgeted income statement for January. Th the Other revenue and expense section, indicate expenses as negarive amounts