$8)$ Prepare the following budgets for the month of December $2013.$ You will need to use proper headings and formatting. Sale, Production, Direct Materialsd,Direct Labor,Selling and Adminstrative Expenses, Cash, Budgeted Income Stateme. $9)$ Prepare a flexible budget for manufacturing costs for activity levels between$8,000$ and $10,000$ units, in $1,000-$unit increments. You will need proper$8000900010,00010.10)$ Determine the cash payback period on the proposed production equipment purchase, assuming a monthly cash fl ow as indicated in the cash budget $($requirement $10$f$).$ Please find months and years. Round to whole number. Please do it on excel and show what cell and numbers being used to calculate calculate.