Use this information to complete the charts.

Solve these charts.

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: a. Estimated sales for March: b. Estimated inventories at March 1: c. Desired inventories at March 31: d. Direct materials used in production: e. Anticipated cost of purchases and beginning and ending inventory of direct materials: f. Direct labor requirements: g. Estimated factory overhead costs for March: h. Estimated operating expenses for March: i. Estimated other income and expense for March: j. Estimated tax rate: 30% GOLD MEDAL ATHLETIC CO. Sales Budget For the Month Ending March 31 2. GOLD MEDAL ATHLETIC CO. Production Budget For the Month Ending March 31 \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{l} GOLD MEDAL ATHLETIC CO. \\ Production Budget \\ For the Month Ending March 31 \end{tabular}} \\ \hline . & & \\ \hline & \begin{tabular}{l} Batting \\ Helmet \end{tabular} & \begin{tabular}{l} Football \\ Helmet \end{tabular} \\ \hline \multicolumn{3}{|l|}{ Expected units to be sold } \\ \hline \multicolumn{3}{|l|}{ Total units required } \\ \hline Total units to be produced & & \\ \hline \end{tabular} 3. GOLD MEDAL ATHLETIC CO. Direct Materials Purchases Budget For the Month Ending March 31 GOLD MEDAL ATHLETIC CO. Direct Labor Cost Budget For the Month Ending March 31 For the Month Ending March 31 \begin{tabular}{l} Hours required for production: \\ Batting helmet \\ Football helmet \\ Total hours required \end{tabular} \begin{tabular}{l} Assembly \\ Dourly rate \end{tabular} Total direct labor cost 5. GOLD MEDAL ATHLETIC CO. Factory Overhead Cost Budget For the Month Ending March 31 Indirect factory wages Depreciation of plant and equipment Power and light Insurance and property tax Total \begin{tabular}{|l|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} GOLD MEDAL THI FTIC C. Supporting calculations: Finished goods inventory, March 1: Units Cost Total Batting helmet Football helmet Total Finished goods inventory, March 31 : Batting helmet Football helmet Total Direct materials inventory, March 1 Plastic Foam lining \begin{tabular}{|l|l|} \hline \\ \hline \end{tabular} Total Direct materials inventory, March 31 Plastic Foam lining \begin{tabular}{|l|} \hline \\ \hline \\ \hline \end{tabular} Total GOLD MEDAL ATHLETIC CO. Sellina and Administrative Fynencec Rudret 8. GOLD MEDAL ATHLETIC CO. Budgeted Income Statement For the Month Ending March 31 Revenue from sales Cost of goods sold Gross profit Operating expenses: Selling expenses Administrative expenses Total operating expenses Income from operations Other revenue and expense: Interest revenue Interest expense Income before income tax Income tax expense Net income