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3. Using the format in Exhibit 1, summarize the requisite data for the preparation of budgets in the January column of Section One of your

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3. Using the format in Exhibit 1, summarize the requisite data for the preparation of budgets in the January column of Section One of your Excel file. Then, write the necessary formulas for all other cells to calculate the budgets. Format nicely the content of budgets (allow two decimal points for \"per unit\" items and \"round\" to whole numbers for total items). Attach a print copy of (a) the budgets containing numbers, and (b) the budgets displaying the formulas in the cells (don't worry about displaying the whole formula in order to save paper!)

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