$6-35$ Budget schedules for a manufacturer. Woodechuck's manufactures, among other things, jerseys for the girls' football teams in two high schools in Australia. The company uses fabric to create the jerseys and sews on a logo patch purchased from a licensed store. The teams are as follows: $-$ Olympique, with red jerseys and the Olympique logo $-$ Victoria Aces, with blue jerseys and the Victoria logo Also, the blue jerseys are slightly longer than the red jerseys. The budgeted direct$-$cost inputs for each product in $2020$ are as follows: Data pertaining to the direct materials for March $2020$ are as follows:Manufacturing overhead $($both variable and fixed$)$ is allocated to each jersey based on budgeted direct manufacturing labor$-$hours per jersey. The budgeted variable manufacturing overhead rate for March $2020$ is AS$16$ per direct manufacturing labor$-$hour. The budgeted fixed manufacturing overhead for March $2020$ is AS$14,640.$ Both variable and fixed manufacturing overhead costs are allocated to each unit of finished goods. Data relating to finished$-$goods inventory for March $2020$ are as follows: Budgeted sales for March $2020$ are $130$ units of the Olympique jerseys and $190$ units of the Victoria Aces jerseys. The budgeted selling prices per unit in March $2020$ are A$$229$ for the Olympique jerseys and AS$296$ for the Victoria Aces jerseys. Assume the following in your answer: $-$ Work$-$in$-$process inventories are negligible and ignored. $-$ Direct materials inventory and finished$-$goods inventory are costed using the Weighted Average method. $-$ Unit costs of direct materials purchased and finished goods are constant in March $2020.1.$ Prepare the following budgets for March $2020$: a$.$ Revenues budget b$.$ Production budget in units c$.$ Direct material usage budget and direct materials purchases budget d$.$ Direct manufacturing labor costs budget e$.$ Manufacturing overhead costs budget f$.$ Ending inventories budget $($direct materials and finished goods$)$ g$.$ Cost of goods sold budget $2.$ Suppose Woodechuck's decides to incorporate continuous improvement into its budgeting process. Describe two areas where it could incorporate continuous improvement into the budget schedules in requirement $1.$