: Assume you are the new cost accountant at SRS. In this new position, you have been asked to perform a few tasks for the companys leadership team. The company has four main managers: sales manager, purchasing manager, operations manager, and finance manager. Each manager has general information about the company as a whole, as well as information about their own departmentprivate information known only by this departmental managerthat is more accurate than the general corporate information. First, review the information for Final Project II. Then, using the Final Project II workbook, complete the four department budgets for the three-month period beginning July 1 and ending September 30. Specifically, you must address the critical elements listed below: I. Budgeting: Prepare Budgets A. Review the financial information and enter data into the correct tabs in the Final Project II workbook. Be sure to complete all the relevant tabs in the workbook. Complete the following: i. A sales budget by month and in total ii. A schedule of expected cash collections from sales by month and in total iii. A merchandise purchase budget in dollars by month and in total iv. A schedule of expected cash disbursements for merchandise purchases by month and in total v. A selling and administrative budget by month and in total vi. A schedule of expected cash disbursements for selling and administration by month and in total vii. A cash budget by month and in tot