Complete the master budget using the information provided

Please complete the master budget using the information provided. $ 130 units 350 dollars 12 blankets 22 blankets $ $ 120.00 per blanket 212.00 per blanket 4 yards 1 patches per blanket per blanket Expected Sales for March Expected Selling Price Beginning Finished Goods Inventory Desired Ending Finished Goods Inventory Materials Requirements Wool Logo Patch Direct Materials Inventory Wool 03/01/2019 Logo Patches 03/01/2019 Wool 03/31/2019 Logo Patches 01/31/2019 Direct Manufacturing Labor Variable Manufacturing Overhead Fixed Manufacturing Costs Budgeted Total Manufacturing Cost Per Unit Variable Marketing Costs Fixed Selling and Administrative Costs FIFO Inventory Method 35 yards 45 patches 25 yards 25 patches 3 hours per blanket $ 9.00 per board blanket 7.00 per patch 10.00 per yard 7.00 per patch 27.00 per hour 16.00 per direct labor hour 14,640 66.00 120.00 per visit 4,500 38 visits Part 1: Prepare a Revenue Budget. Revenues Budget For the Month of March Selling Price Units Total Revenues Part 2: Prepare a Production Budget in (units). Production Budget (units) For the Month of March Units Budgeted Unit Sales Add: Desired Ending Finished Goods Inventory Total Requirements Deduct: Beginning Finished Goods Inventory Units to Be Produced Part 3: Prepare a Direct Materials Usage budget. Direct Materials Usage Budget For the Month of March Wool Patches Physical Units Budget Wool Patches To Be Used in Production Cost Budget Available from Beginning Inventory Wool Patches To Be Used From Purchases this period Wool Patches Total Cost of Direct Materials to be Used Part 4: Prepare a Direct Materials Purchases Budget Patches Direct Materials Purchases Budget For the Month of March Wool Production Usage Add: Target Ending Inventory Total Requirements Deduct: Beginning Inventory Purchases Cost Budget Wool Patches Purchases Part 5: Prepare a Direct Manufacturing Labor Budget Direct Manufacturing Labor Budget For the Month of March Units Produced DL Hours Per Unit Wage Rate Total Labor Category Manufacturing Labor Part 6: Prepare a Manufacturing Overhead Budget Manufacturing Overhead Budget For the Month of March Variable Manufacturing Overhead Costs Fixed Manufacturing Overhead Costs Total Manufacturing Overhead Costs Part 7: Prepare an Ending Inventories Budget Ending Inventories Budget For the Month of March Units Cost per Unit Total Direct Materials Wool Patches Finished Goods Total Ending Inventory Part 8: Prepare a COGS Budget COGS Budget For the Month of March Beginning Finished Goods Inventory 03/01/2019 Direct Materials Used Direct Manufacturing Labor Manufacturing Overhead Cost of Goods Available Deduct Ending Inventory COGS Part 9: Prepare a Budgeted Income Statement. Budgeted Income Statement For the Month of March Revenues COGS Gross Margin Variable Marketing Costs Fixed Selling and Administrative Costs Net Operating Income