all the red Xs are incorrect im not sure where i went wrong on this, i also posted this yesterday and wasnt able to get a correct answer.

Requlred: 1. Sales budget. 2. Production budget. 3. Direct materlals budget. 4. Direct labor budget. 5. Factory overhead budget. 6. Selling expense budget. 7. General and administratlve expense budget. 8. Schedule of cash recelpts. 9. Schedule of cash payments for direct materlals.. 10. Cash budget. 11. Budgeted Income statement for entire second quarter (not monthly). 12. Budgeted balance sheet at June 30 . Answer is not complete. Complete this question by entering your answers in the tabs below. 8. Schedule of cash receipts. 9. Schedule of cash payments for direct materials. 10. Cash budget. Note: Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Enter \\$0 when applicable. Do not leave cells blank. The management of Zigby Manufacturing prepared the following balance sheet for March 31. To prepare a master budget for Aprll, May, and June, management gathers the following information. a. Sales for March total 90,200 units. Budgeted sales In unlts follow: Aprll, 90,200; May, 85,800; June, 88,000; and July, 90,200. The product's selling price is \\( \\$ 24.00 \\) per unlt and Its total product cost is \\( \\$ 19.85 \\) per unit. b. Raw materlals inventory consists solely of direct materlals that cost \\( \\$ 20 \\) per pound. Company policy calls for a given month's ending materlals Inventory to equal \50 of the next month's direct materlals requlrements. The March 31 raw materlals Inventory Is 21,670 pounds. The budgeted June 30 ending raw materlals Inventory Is 17,600 pounds. Each finished unlt requires 0.50 pound of direct materlals. c. Company policy calls for a given month's ending finlshed goods Inventory to equal \80 of the next month's budgeted unit sales. The March 31 finished goods Inventory is 72,160 units. d. Each finlshed unit requires 0.50 hour of direct labor at a rate of \\( \\$ 15 \\) per hour. e. The predetermined varlable overhead rate is \\( \\$ 2.70 \\) per direct labor hour. Depreclation of \\( \\$ 88,000 \\) per month is the only fixed factory overhead Item. f. Sales commissions of \8 of sales are pald In the month of the sales. The sales manager's monthly salary is \\( \\$ 13,200 \\). g. Monthly general and adminIstratlve expenses Include \\( \\$ 52,800 \\) for adminIstratlve salarles and \0.9 monthly Interest on the longterm note payable. h. The company budgets \30 of sales to be for cash and the remaining \70 on credit. Credit sales are collected in full in the month following the sale (no credit sales are collected in the month of sale). I. All raw materlals purchases are on credit, and accounts payable are solely tled to raw materlals purchases. Raw materlals purchases are fully pald in the next month (none are pald in the month of purchase). J. The minimum ending cash balance for all months is \\( \\$ 176,000 \\). If necessary, the company borrows enough cash using a loan to reach the minimum. Loans require an Interest payment of \1 at each month-end (before any repayment). If the month-end preliminary cash balance exceeds the minimum, the excess will be used to repay any loans. k. Dividends of \\( \\$ 44,000 \\) are budgeted to be declared and paid in May. I. No cash payments for Income taxes are budgeted in the second calendar quarter. Income tax will be assessed at \35 In the quarter and budgeted to be pald in the third calendar quarter. \\( \\mathrm{m} \\). Equipment purchases of \\( \\$ 440,000 \\) are budgeted for the last day of June