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