4) Bacon Industries manufactures two products: A and B. The company predicts a sales volume of 10,0 for product A and ending finished-goods inventory of 2,000 units. These numbers for product B are 1 3,000, respectively. Bacon currently has 7,000 units of A in inventory and 9,000 units of B. The following raw materials are required to manufacture these products: Required for Required for Raw Material Cost per Pound Product A Product B $2.00 2.50 1.25 2 pounds 1 pound 1 pound 3 pounds Product A requires three hours of cutting time and two hours of finishing time; B requires one hour a hours, respectively. The direct labor rate for cutting is S10 per hour and $18 per hour for finishing. Required: A. Prepare a production budget in units for products A and B. B. Prepare a materials usage budget in pounds and dollars for materials X, Y, and Z. C. Prepare a direct labor budget in hours and dollars for product A. 4) Bacon Industries manufactures two products: A and B. The company predicts a sales volume of 10,0 for product A and ending finished-goods inventory of 2,000 units. These numbers for product B are 1 3,000, respectively. Bacon currently has 7,000 units of A in inventory and 9,000 units of B. The following raw materials are required to manufacture these products: Required for Required for Raw Material Cost per Pound Product A Product B $2.00 2.50 1.25 2 pounds 1 pound 1 pound 3 pounds Product A requires three hours of cutting time and two hours of finishing time; B requires one hour a hours, respectively. The direct labor rate for cutting is S10 per hour and $18 per hour for finishing. Required: A. Prepare a production budget in units for products A and B. B. Prepare a materials usage budget in pounds and dollars for materials X, Y, and Z. C. Prepare a direct labor budget in hours and dollars for product A