The budget director of Gold Medal Athletic Co., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing t budgeted income statement for March 2014: a. Estimated sales for March: 1,200 units at $40 per unit 6,500 units at $160 per unit Football helmet b. Estimated inventories at March 1: Direct materials: Finished products: 90 lbs 80 lbs. 40 units at $25 per unit 240 units at $77 per unit Football helmet....... c. Desired inventories at March 31: Direct materials: Finished products: Batting helmet......... Football helmet........ 50 units at $25 per unit 220 units at $78 per unit d. Direct materials used in production: In manufacture of batting helmet: Plastic Foam lining. 0.50 lb. per unit of product In manufacture of football helmet: Foam lining 1.50 lbs. per unit of product e. Anticipated cost of purchases and beginning and ending inventory of direct materials: f. Direct labor requirements