Question: please help with all calculations please :D Problem 10.33A al-a6 Tilger Farm Supply Company manufactures and sells a fertilizer called Snare. The following data are

 please help with all calculations please :D Problem 10.33A al-a6 TilgerFarm Supply Company manufactures and sells a fertilizer called Snare. The following

data are available for preparing budgets for Snare for the first two

quarters of 2020. 1. Sales: Quarter 1, 27,000 bags; quarter 2, 42,000

bags. Selling price is $58 per bag. 2. Direct materials: Each bag

of Snare requires 4 kg of Gumm at $4 per kilogram and

6 kg of Tarr at $1.50 per kilogram. 3. Desired inventory levels:

please help with all calculations please :D

Problem 10.33A al-a6 Tilger Farm Supply Company manufactures and sells a fertilizer called Snare. The following data are available for preparing budgets for Snare for the first two quarters of 2020. 1. Sales: Quarter 1, 27,000 bags; quarter 2, 42,000 bags. Selling price is $58 per bag. 2. Direct materials: Each bag of Snare requires 4 kg of Gumm at $4 per kilogram and 6 kg of Tarr at $1.50 per kilogram. 3. Desired inventory levels: Type of Inventory Snare (bags) Gumm (kg) Tarr (kg) January 1 7,000 10,000 14,000 April 1 14,000 11,000 20,000 July 1 19,000 12,000 25,000 4. Direct labour: Direct labour time is 15 minutes per bag at an hourly rate of $12 per hour. 5. The company expects selling and administrative expenses to be 15% of sales plus $175,000 per quarter. 6. It expects income taxes to be 30% of income from operations. Your assistant has prepared two budgets: (1) The manufacturing overhead budget shows expected costs to be 150% of direct labour cost. (2) The direct materials budget for Tarr shows the cost of Tarr purchases to be $294,000 in quarter 1 and $435,000 in quarter 2. Prepare the following operating budgets by quarters. (Note: Classify items as variable and fixed in the selling and administrative expenses budget.) Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr. Prepare the sales budget by quarters. TILGER FARM SUPPLY COMPANY Sales Budget For the Six Months Ending June 30, 2020 Quarter 1 Six Months Expected sales in units Unit selling price Total sales Prepare the production budget by quarters. TILGER FARM SUPPLY COMPANY Production Budget For the Six Months Ending June 30, 2020 Quarter 2 Six Months Expected unit sales Add : Desired ending finished goods Total required units Less : Beginning finished goods inventory Required production in units Prepare the direct labour budget by quarters. (Round direct labour hours per unit to 2 decimal places, e.g. 0.15.) TILGER FARM SUPPLY COMPANY Direct Labour Budget For the Six Months Ending June 30, 2020 Quarter 2 Six Months Units to be produced Direct labour hours per unit Total required for production Direct labour cost per hour Total cost of direct labour - Prepare the direct materials budget by quarters. TILGER FARM SUPPLY COMPANY Direct Materials Budget-Gumm For the Six Months Ending June 30, 2020 Quarter Six 2 Months Units to be produced Direct materials per unit Total required for production Add : Desired ending inventory Total materials required Less : Beginning inventory Direct materials purchases Cost per kilogram Total cost of materials purchases Prepare the selling and administrative expense budget by quarters. TILGER FARM SUPPLY COMPANY Selling and Administrative Expenses Budget For the Six Months Ending June 30, 2020 Quarter 2 Six Months Expected sales Variable costs Fixed costs Total selling and admin costs Prepare the budgeted income statement for the first six months. (Round per unit calculations to 2 decimal places, e.g. 0.25 and final answers to o decimal places, e.g. 125.) TILGER FARM SUPPLY COMPANY Budgeted Income Statement For the Six Months Ending June 30, 2020 Sales Less : Cost of goods sold Gross profit Selling and administrative expenses Income before income taxes Income tax expense Net income

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