ACME Corporation produces scarves for all occasions in a variety of designer colours. 2022 Master budget data is as follows: 2 3 4 Quarter Total (Jan Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) Sales (units) 15,000 18,000 21,000 24,000 78,000 Unit Price $100 $100 $100 $100 Production (units) 18,000 21,600 25,200 28,800 93,600 Raw material required per unit (yards) 1.5 1.5 1.5 1.5 Raw material price per yard $20 $20 $20 $20 Direct labour hours per unit 2 2 2 Direct labour rate $20 $20 $20 $20 Manufacturing overhead allocations per unit $10 $10 $10 $10 Selling, general and administrative expenses $195,000 $195,000 $195,000 $195,000 $780,000 Required: For the Fourth (4th) quarter of 2022 a) Calculate ACME Corporation's cost of goods sold - please show your calculations. (3 marks) b) Prepare ACME Corporation's budgeted multi-step income statement: ignore interest and taxes. (4 marks)