HI, I NEED HELP ONLY WITH PART 8, 9 & 10. THANK YOU

The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2019. ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2019 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment Accumulated depreciation Equipment, net $ 57,000 464,000 91,600 380,480 993,080 634,000 (167,000) 467,000 Total assets $1,460,080 $ Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities 206,300 29,000 235,300 520,000 Long-term note payable Total liabilities Common stock 755,300 352,000 352,780 704,780 Retained earnings Total stockholders' equity Total liabilities and equity $1,460,080 To prepare a master budget for April, May, and June of 2019, management gathers the following information. a. Sales for March total 23,200 units. Forecasted sales in units are as follows: April, 23,200; May, 17,100; June, 21,900; and July, 23,200. Sales of 257,000 units are forecasted for the entire year. The product's selling price is $25.00 per unit and its total product cost is $20.50 per unit. b. Company policy calls for a given month's ending raw materials inventory to equal 50% of the next month's materials requirements. The March 31 raw materials inventory is 4,580 units, which complies with the policy. The expected June 30 ending raw materials inventory is 5,700 units. Raw materials cost $20 per unit. Each finished unit requires 0.50 units of raw materials. C. Company policy calls for a given month's ending finished goods inventory to equal 80% of the next month's expected unit sales. The March 31 finished goods inventory is 18,560 units, which complies with the policy. d. Each finished unit requires 0.50 hours of direct labor at a rate of $13 per hour. e. Overhead is allocated based on direct labor hours. The predetermined variable overhead rate is $4.40 per direct labor hour. Depreciation of $37,320 per month is treated as fixed factory overhead. f. Sales representatives' commissions are 5% of sales and are paid in the month of the sales. The sales manager's monthly salary is $4,700. g. Monthly general and administrative expenses include $29,000 administrative salaries and 0.8% monthly interest on the long-term note payable. h. The company expects 20% of sales to be for cash and the remaining 80% on credit. Receivables are collected in full in the month following the sale (none are collected in the month of the sale). 1. All raw materials purchases are on credit, and no payables arise from any other transactions. One month's raw materials purchases are fully paid in the next month. j. The minimum ending cash balance for all months is $99,000. If necessary, the company borrows enough cash using a short-term note to reach the minimum. Short-term notes require an interest payment of 1% at each month-end (before any repayment). If the ending cash balance exceeds the minimum, the excess will be applied to repaying the short-term notes payable balance. k. Dividends of $27,000 are to be declared and paid in May. I. No cash payments for income taxes are to be made during the second calendar quarter. Income tax will be assessed at 40% in the quarter and paid in the third calendar quarter. m. Equipment purchases of $147,000 are budgeted for the last day of June. Required: Prepare the following budgets and other financial information as required. All budgets and other financial information should be prepared for the second calendar quarter, except as otherwise noted below. (Round calculations up to the nearest whole dollar, except for the amount of cash sales, which should be rounded down to the nearest whole dollar.): 1. Sales budget 2. Production budget. 3. Raw materials budget. 4. Direct labor budget. 5. Factory overhead budget. 6. Selling expense budget. 7. General and administrative expense budget. 8. Cash budget. 9. Budgeted income statement for the entire second quarter (not for each month separately). 10. Budgeted balance sheet. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Sales budget. (Round Budgeted unit price to 2 decimal places.) ZIGBY MANUFACTURING Sales Budget April, May, and June 2019 Budgeted Budgeted Budgeted Unit Sales Unit Price Sales Dollars 23,200 $ 25.00 $ 580,000 April 2019 May 2019 17.100 25.00 427,500 June 2019 21,900 25.00 547,500 Totals for the second quarter 62,200 $ 1,555,000 Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Production budget. ZIGBY MANUFACTURING Production Budget April, May, and June 2019 April May June Total 17.100 21,900 23,200 80% 80% 80% 13,680 17,520 18,560 Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted ending inventory (units) Budgeted units sales for month Required units of available production Beginning inventory (units) Units to be produced 23,200 17.100 21,900 36,880 34,620 40,460 18,560 13,680 17,520 18,320 20,940 22,940 62,200 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Raw materials budget. (Round per unit values to 2 decimal places.) ZIGBY MANUFACTURING Raw Materials Budget April, May, and June 2019 April May June Total 18,320 20,940 22,940 0.50 0.50 0.50 9,160 10,470 11,470 5,235 5,735 5,700 Production budget (units) Materials requirements per unit Materials needed for production Budgeted ending inventory Total materials requirements (units) Beginning inventory Materials to be purchased Material price per unit Budgeted raw material purchases 14,395 16,205 17,170 4,580 5,235 5,7351 9,815 10,970 32,220 11,435 20 $ 20 $ $ 20 20 $ 196,300 $ 219,400 $ $ 228,700 $ 644,400 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Raw materials budget. (Round per unit values to 2 decimal places.) ZIGBY MANUFACTURING Raw Materials Budget April, May, and June 2019 April May June Total 18,320 20,940 22,940 0.50 0.50 0.50 9,160 10,470 11,470 5,235 5,735 5,700 Production budget (units) Materials requirements per unit Materials needed for production Budgeted ending inventory Total materials requirements (units) Beginning inventory Materials to be purchased Material price per unit Budgeted raw material purchases 14,395 16,205 17,170 4,580 5,235 5,7351 9,815 10,970 32,220 11,435 20 $ 20 $ $ 20 20 $ 196,300 $ 219,400 $ $ 228,700 $ 644,400 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Direct labor budget. (Round per unit values to 2 decimal places.) ZIGBY MANUFACTURING Direct Labor Budget April, May, and June 2019 April May June Total 18,320 20,940 22.940 0.50 0.50 0.50 Budgeted production (units) Labor requirements per unit (hours) Total labor hours needed Direct labor rate (per hour) Budgeted direct labor cost 9,160 10,470 11,470 31,100 $ 13 $ 13 $ 13 $ 13 $ 119,080 $ 136,110 $ 149, 110 $ 404,300 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Factory overhead budget. (Round per unit values to 2 decimal places.) ZIGBY MANUFACTURING Factory Overhead Budget April, May, and June 2019 April May June Total Labor hours needed 9,160 10,470 11,470 $ 4.40 $ 4.40 $ 4.40 $ 40,304 $ 46,068 $ 50,468 $ 136,840 Budgeted variable overhead Budgeted fixed overhead Budgeted total overhead 37,320 37,320 37,320 111,960 $ 77,624 $ 83,388 $ 87,788 $ 248,800 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Selling expense budget. ZIGBY MANUFACTURING Selling Expense Budget April, May, and June 2019 April May $ 580,000 $ 427,500 5% 5% June Total $ 547,500 5% Budgeted sales Sales commission percent Sales commissions Sales salaries Total budgeted selling expenses $ 21,375 $ 27,375 $ 77,750 29,000 $ 4,700 33,700 $ 4,700 4,700 14,100 $ 26,075 $ 32,075 $ 91,850 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 General and administrative expense budget. ZIGBY MANUFACTURING General and Administrative Expense Budget April, May, and June 2019 April May June Total Salaries $ 29,000 $ 29,000 $ 29,000 $ 87,000 4,160 4,160 4,160 12,480 Interest on long-term note Total budgeted G&A expenses $ 33,160 $ 33,160 $ 33,160 $ 99,480 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Cash budget. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign.) Calculation of Cash receipts from customers: June $ 547,500 Total budgeted sales Cash sales Sales on credit April 580,000 $ 116,000 464,000 $ May 427,500 $ 85,500 342,000 $ 20% 109,500 80% $ 438,000 Total cash receipts from customers May June Current month's cash sales $ 85,500 $ April 116,000 $ 464,000 580,000 $ 109,500 342.000 Collections of receivables 464,000 Total cash receipts $ 549,500 $ 451,500 ZIGBY MANUFACTURING ZIGBY MANUFACTURING Cash Budget April, May, and June 2019 May June April 57,000 $ Beginning cash balance Cash receipts from customers Total cash available Cash payments for: Raw materials 206,300 196,300 219,400 119,000 136,110 149.110 Direct labor Variable overhead Sales commissions 40,304 46,068 50,468 29,000 21,375 27,375 Sales salaries 4,700 4,700 4.700 General & administrative salaries 29,000 29,000 29,000 Dividends 27,000 Loan interest Long-term note interest 4,160 4,160 4,160 Purchases of equipment 147,000 432,544 464,713 631,213 Taxes paid Total cash payments Preliminary cash balance Additional loan (loan repayment) Ending cash balance 29,000 $ 175,166 Loan balance April May June Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month $ 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Budgeted income statement for the entire second quarter (not for each month separately). (Round your final answers to the hearest whole dollar.). ZIGBY MANUFACTURING Budgeted Income Statement For Three Months Ended June 30, 2019 $ 1,555,000 1,275,100 279.900 Sales Cost of goods sold Gross profit Operating expenses General administrative salaries Bank loan interest expense Long-term note interest Sales commissions $ 99,480 290 Sales salaries Depreciation expense Total operating expenses Income before taxes 99,770 180,130 Income tax Net income $ 180.130 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Budgeted balance sheet. (Round your final answers to the nearest whole dollar.) ZIGBY MANUFACTURING Budgeted Balance Sheet June 30, 2019 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets $ 0 Equipment Accumulated depreciation Equipment, net Total assets Liabilities and Equity Liabilities Accounts payable Other cash expenses Income taxes payable Total current liabilities Long-term note payable Stockholders' Equity Retained earnings Common stock Total Stockholders' Equity Total Liabilities and Equity Rocurado