Each unit manufactured internally requires 20 kg of raw material. The company obtains its raw materials from a local supplier, which allows it to manage its purchases on a just-in-time basis. The stock of raw material is therefore considered to be negligible.

In the first quarter N, the expected purchasing price of the raw material is 40 per kg.

The monthly operating costs of the purchasing department are as follows:

	Janvier	Fvrier	Mars	Total trimestre
Salary and social charges	5000	5000	5000	15000
Depreciation	1000	1000	1000	3000
Various expenses	2000	2000	2000	6000
Total	8000	8000	8000	24000

Administration Function:

Administrative staff costs amount to 20,000 per month.

The depreciation of the administrative department on its current fixed assets (still in service on January 1) amounts to 20,000 per month.

In January, It is planned to invest and put into service an equipment costing 15,000 excluding VAT. It will be depreciated linearly over 5 years.

The various administrative expenses represent 30,000 per month.

In addition, the company has taken out a loan for which it pays a monthly reimbursement of 3,000. This monthly payment includes interest of 310 in January, 300 in February and 290 in March.

1) Present all the monthly and quarterly budgets by function for the first quarter of year N, indicating any intermediate steps in reasoning and validation.

2) Present the quarterly income statement at 31/03/N

3) Answer the questions on the financial consolidation