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5. Dene the following and with the information calculate the budgets for XYZ medical equipment and supplies manufacturing company (the company makes syringes, gowns, masks,

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5. Dene 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 fbollowing information sales are expected to e $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 scal yean (20 marks) Operating Budget: Capital Expenditure Budget: Sales Budget: LabourBudget Production Budget

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