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Complete the following problems; make sure to include your calculations. Any incomplete work or partially completed with automatically receive zero points. Herron Company has budgeted the following unit sales: Of the units budgeted, 40% are sold by the Southern Division at an average price of $15 per unit and the remainder are sold by the Eastern Division at an average price of $12 per unit. Prepare separate sales budgets for each division and for the company in total for the second quarter of 2008. Kelso Company manufactures two products, Regular and Deluxe. The budgeted units to be produced are as follows: It takes 3 pounds of direct materials to produce the Regular product and 5 pounds of direct materials to produce the Deluxe product. Direct materials inventory on hand at June 30 were 9,000 pounds for the Regular product and 15,000 pounds for the Deluxe product. The cost per pound of materials is $5 Regular and $7 Deluxe