The Coffee Company manufactures and sells two versions of coffee whitener: a Regular version and a Hazelnut version. Data regarding the month of July of the current year are as follows: Budgeted Sales: The company plans to sell 125,000 units of Regular at an average selling price of $4.50 per unit and 100,000 units of Hazelnut at an average selling price of $4.95 per unit. July Finished Goods Inventories: Product On Hand, July 1 Target, July 31 Regular 20,000 16,000 Hazelnut 10,000 12,000 >> Direct Materials to Produce One Unit of Product: Material Unit of Measure Amount used per Unit Whitener grams Regular Hazelnut 50 75 Flavour grams 60 90 Direct Materials Costs and Inventories: Material Unit of Measure 15:10 * El Wiiiffffeeee Price (June) Price (July) On Hand, July 1 Target, July 31 Whitener grams $0.012 $0.01 100,000 125,000 Flavour grams $0.018 $0.02 Message o III 120,000 150,000 Labour Time and Rates: Product Hours/Unit Rate/Hour Regular 0.1 $12 Hazelnut 0.2 $14 REQUIRED: Prepare a revenue budget for July. Prepare a production budget for July. Prepare a direct materials usage budget for July, in dollars. Prepare a direct manufacturing labour budget for July, in dollars. 15:03