i have already done 1-4, i need 5-8. thank you

Sarea Master Budget (15 Pts) Problem 20-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3 117 The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2019. ZIGGY MANUFACTURING Estimated Balance Sheet March 1, 2019 Assets Cash 54.000 Accounts receivable 354.375 Raw materials inventory 100,495 Finished goods Inventory 333.000 Total current assets $41,070 Equipment 620.000 Accumulated depreciation (164.000) Equipment, net 464,000 Total assets $ 1,305,870 Liabilities and Equity Accounts payable $ 212,195 Short-term notes payable 20,000 Total current liabilities 238,195 Long-term note payable 514,000 Total liabilities 752,195 common stock 349,000 Retained earnings 204,675 Total stockholders equity 553,675 Total liabilities and equity $1,305,570 To prepare a master budget for April, May, and June of 2019, management gothers the following information .. Sales for March total 22,500 units. Forecasted sales in units are as follows: April 22,500: May, 19,500, June, 21700, and July 22,500. Sales of 254,000 units are forecasted for the entire year. The product's selling price is $22.50 per unit and its total product cost is $18.50 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 5,025 units, which complies with the policy. The expected June 30 ending raw materials Inventory is 5,400 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 unt sales The March 31 finished goods inventory is 18,000 units, which complies with the policy d. Each finished unit requires 0.50 hours of direct labor at a rate of $10 per hour. e. Overhead is allocated based on direct labor hours. The predetermined vartable overhead rate is $410 per direct labor hour 1 Sales representatives commissions are 6% of sales and are paid in the month of the sales. The sales manager's monthly salary is $4,400 g. Monthly general and administrative expenses Include $26.000 administrative salaries and 0.5% monthly interest on the long-term note payable h. The company expects 30% of sales to be for cash and the remaining 70% on credit Receivables are collected in full in the month following the sale (none are collected in the month of the sale) I. All raw materials purchases are on credit, and no payables arise from any other transactions. One month's raw materials purchases 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 $54.000, 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 $24.000 are to be declared and paid in May. 1. 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 $144,000 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 a 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 Variable factory overhead rate Budgeted variable overhead Budgeted fixed overhead Budgeted total overhead M. --- ending cash balance exceeds the minimum, the excess will be applied to repaying the short-term notes payable balan k. Dividends of $24,000 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 a quarter and pald in the third calendar quarter. m. Equipment purchases of $144,000 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 sho prepared for the second calendar quarter, except as otherwise noted below. (Round calculations up to the nearest whole 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 matertals 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 General and administrative expense budget. ZIGBY MANUFACTURING General and Administrative Expense Budget April, May, and June 2019 April May June Salaries eseeceeeee Interest on long-term note Total budgeted GSA expenses 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 a 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 April May June Total budgeted sales Cash sales Sales on credit 30% 70% Total cash receipts from customers April May June Current month's cash sales Collections of receivables Total cash receipts ZIGBY MANUFACTURING Cash Budget April, May, and June 2019 April May June Beginning cash balance Cash receipts from customers Total cash available Cash payments for Raw materials Direct labor Variable overhead General & administrative salaries Dividends Purchases of equipment Sales salaries 0 0 Total cash payments Preliminary cash balance Cash Budget April, May, and June 2019 April May June Beginning cash balance Cash receipts from customers Total cash available Cash payments for Raw materials Direct labor Variable overhead General & administrative salaries Dividends Purchases of equipment Sales salaries Total cash payments Preliminary cash balance Loan interest Ending cash balance Loan balance April May June Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month