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 the budgeted income statement for March 2014: a. Estimated sales for March: Batting helmet . . . . Football helmet . . . 1,200 units at $40 per unit 6,500 units at $160 per unit . . . . . . . . . . . . . . . . . . . . b. Estimated inventories at March 1: Direct materials: Finished products 90 lbs. 80 lbs. Batting helmet.... 40 units at $25 per unit 240 units at $77 per unit c. Desired inventories at March 31: Direct materials: Finished products: Batting helmet . . . . . 50 units at $25 per unit Football helmet.......220 units at $78 per unit 65 lbs d. Direct materials used in production: In manufacture of batting helmet: 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