Can you show me how to solve this problem?

Thank you in the advance.

Project (Case): James Bruner Corporation, is a Manufacturer of Computer Chips, has the following projected units sales (at $30 per unit) for four months of operations: January 600,000 February 550,000 March 480,000 April 750,000 Twenty percent of the customers are expected to pay in the month of sale and take a 2 percent discount: 80 percent of the customers are expected to pay in the month of following sale. There is no uncollectible account. It takes 5 pounds of raw material (costing $0.80 per pound) to produce a unit of product. In January, no raw material is in beginning inventories, but management wants to end each month with enough material for 20 percent of the next month's production. (April's production is assumed to be 350,000 units). James Bruner Manufacturing pays for 60 percent of its material purchase in the month of purchase and 40 percent in the following month. Each unit of product requires 1.hours of labor time. Labor is paid at $35 per hour and is paid in the same month as worked. Overhead is estimated is be $4 per unit plus 350,000 per month (Including depreciation of $50,000). Overhead costs are paid as incurred. James Bruner will begin January with no work-in-process or Finished Goods Inventory. Inventory policy for these two accounts is set at Zero ending WIP and 25 percent of the following month's sale for finished Good. Assume variable cost of Goods sold is 60% of sales, and the compare an Income statement, using contribution margin approach. Requirements: A: 1. Prepare a sales Budget for January, February, and March. 2. Prepare a production budget for January, February, and March 3. Prepare a Purchases budget for January, February, and March 4. Prepare a direct Labor budget for January, February, and March 5. Prepare a Cash receipts schedule for sales and 6. A cash payment schedule for material 7. Assume variable cost of Goods sold is 60% of sales, and the compare an Income statement, using contribution margin approach