5. Define the following and with the information calculate the budgets for XYZ medical equipment and supplies manufacturing company (the company makes syringes, gowns, masks, thermometers, sphygmomanometers etc...) Calculate each of the budgets based on the following information sales are expected to be $8,000,000 and 10,000,000 units in 2022 You can assume that materials make up 40%, labour 30% and overhead 20% of total costs. 75% of the labour costs and all of the overhead costs are used in manufacturing. It plans to purchase equipment valued at $500,000 in this fiscal year. (20 marks) Operating Budget: Capital Expenditure Budget: Sales Budget: Labour Budget: Production Budget