The Sabot Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2016 E: (Click the icon to view the budget data.) 3. (Click the icon to view the actual and (Click the icon to view the projected direct manufacturing labor data.) Manufacturing overhead is allocated at the rate of $18 per direct manufacturing labor-hour. Read the requirements. To be used in production Thingone Thingtwo Total g . Amount Used per Unit Direct Material Unit Thingone Thingtwo pound 5 pound 3 4 each 0 2 Projected data for 2017 for direct materials are: Anticipated Expected Target Direct Purchase Inventories Inventories Material Price January 1, 2017 December 31, 2017 A $ 38,000 lb. 42,000 lb. 34,000 lb. 38,000 lb. 10,000 units 12,000 units Add target ending inventory Total requirements Deduct beginning inventory Purchases to be made (units) cturing labor-hour Projected Direct Manufacturing Labor Data 2017 Projected Sales Product Thingone Thingtwo Units 62,000 41,000 Price $ 168 $ 262 2017 Inventories in Units Projected direct manufacturing labor requirements and rates for 2017 are: Product Hours per Unit Rate per Hour Thingone $ 11 Thingtwo $ 15 Product Expected Target January 1, 2017 December 31, 2017 25,000 30,000 5,000 6,000 Thingone Thingtwo Print Done Print Done