Garden Manufacturing produces and distributes a special type of metal compound called Compound AB. The information below about Garden's operations has been assembles to assist budget preparation. The company is preparing its master budget for the rst quarter of 2021. The budget will detail each month's activity and the activity for the quarter in total . The master budget will be based on the information noted in your groups associated Excel file. Required: Assume variable costing for all parts except Port 3. 1. Prepare the following budgets for each of the first three months of 2021: a. Sales budget b. Production budget c. Raw materials purchased budget d. Direct labour and manufacturing overhead budget e. Selling and administrative budget f. Cash budget