The budget director of Regal Furniture Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected information concerning sales and production for August 2010 is summarized as follows: a. Estimated sales of King and Prince chairs for August by sales territory: Northern Domestic: King.........................5,500 units at $750 per unit Prince......................6,900 units at $520 per unit Southern Domestic: King.........................3,200 units at $690 per unit Prince......................4,000 units at $580 per unit International: King........................1,450 units at $780 per unit Prince......................900 units at $600 per unit b. Estimated inventories at August 1: Direct materials: Finished Products Fabric................4,500 sq. yds King.....................950units Wood.................6,000 lineal ft. Prince..................280units Filler...................2,800 cu, ft Springs..............6,700 units c. Desired inventories at August 31: Direct Materials: Finished Products: Fabric..................4300 sq yds King.............800units Wood..................6,200 lineal ft. Prince...........400units Filler....................3,100 cu. ft Springs................7,500 units d. Direct materials used in production: In manufacture of King: Fabric..................5.0 sq. yds per unit of product Wood ..................35 lineal ft. per unit of product Filler.................... 3.8 cu ft. per units of product Springs.................14 units per units of product In manufacture of Prince: Fabric...............$12.00 per sq. yd. Filler..............$3.50 per cu. ft. Wood................ 8.00 per lineal ft. Springs........... 4.50 per unit f. Direct labor requirements: King: Framing Department............ 2.5hrs. at $12 per hr. Cutting Department.............. 1.5 hrs. at $11 per hr. Upholstery Department.......... 2.4hrs. at $14 per hr. Prince: Framing Department............ 1.8 hrs. at $12 per hr. Cutting Department............. 0.5 hrs. at $11 per hr. Upholstery Department......... 2.0hrs. at $14 per hr.

1.) Prepare a sales budget for August.

2.) Prepare a production budget for August

3.) Prepare a direct materials purchases budget for August.

4.)Prepare a direct labor cost budget for August