Y Type 1 2 3 We'll Makelt Co. manufactures and sells two products. X and Y. We Manufacture Co, gathered the following 2019 budgeting data: 2019 Projected Sales Direet materials used to produce Product Units Price each Unit 10,000 75 DM Unit Y 12,000 50 Kg 2 Type 2 Kg 2 2019 Inventories in Units Type 3 Units 2 Target Product Expected Jan 1 Dec 31 2019 2019 X 1.000 900 Y 2501 500 3 Projected 2019 direct materials are as follows: Expected Purchase Expected Price Inventory Jan 1, 2019 Direct Material Target Inventory In: Dec 31, 2019 3.500 kg 3,000 Kg 1,000 units Type 1 Type 2 Type 3 S 4 3 2,500 kg 4,000kg 1,250 Units Projected direct labor for 2019: Product Hours per Unit Rate per hour Projected direct labor for 2019: Product Hours per Unit Rate per hour x Y 1.5 0.5 25 20 10 OH allocated per DLH You are asked to prepare the following: 1 Revenue budget in dollars) 2 Production budget (in units) 3 Direct materials purchases budget (in quantities') 4 Direct materials purchases budget (in dollars') 5 Direct Manufacturing Labor Budget (in dollars') 6 Manufacturing Overhead budget ( in dollars') 7 Budgeted Finished goods inventory at Dec 31, 2019 (in Dollars') 8 Budgeted income statement in dollars)