Thunder Creek Company is preparing budgets for the first quarter of 2018. All relevant information is presented on the Excel template. 

Requirements 

1. Prepare a Sales Budget. 

2. Prepare a Production Budget. 

3. Prepare a Direct Materials Budget. 

4. Prepare a Direct Labor Budget. 

5. Prepare a Manufacturing Overhead Budget. 

6. Prepare a Cost of Goods Sold Budget 

7. Prepare a Selling and Administrative Expense Budget.