I have to create an excel spreadsheet with 13 different tabs (I just need help on numbers 10-13 and just number 8 to make sure I did it correctly) I currently have 1-9 already made in my excel spreadsheet. Please and thank you very much!

Company Name April June 2019 Schedule I SALES BUDGET April May June Quarter july 22,000 70,000 24,000 Projected Sales in Units Selling Price per Unit Projected Sales in Dollars 24,000 24,000 31.00 31.00 $ 3100 $ 31.00 s 744,000.00 744,000.00 682.000.00 2.17000000 74400000 13 Additional Notes: Balance Sheet March 31(C) Sales Budget() . +Overview & Rubric (A)Problem Assignment (B) - Type here to search 0 Master Budget Project Shell Spring 2019 BA101B 03212019 File Edit View Insert Format Data Tools Add ons Help All changes saved in Drive B . .EE. -.--1+-y-01 x Company Name Company Name Estimated Balance Sheet March 31 2019 Assets Liabilities and Equity Cash 6 Accounts receivable 7 Raw materials inventory 51,000 483,600 94,100 443,520 Accounts payable Income taxes payable Short-term notes payable 211,400 23,000 234,400 515,000 749,400 346,000 437,820 783,820 Finished goods inventory Total current liabilities Long term note payable Total current assets 1,072,220 10 Equipment, gross 11 Accumulated depreciation 12 Equipment, net 13 14 Total assets 15 622,000 161,000 461,000 Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity 1,533,220 1,533,220 20 Raw Mat Budget (3)- +Balance Sheet March 3t(c) O Type here to search Sales Budget(P Production Budget (2) Ifyou don't have access to Microsoft Excel you sho for free using your Ohlone Student Email address. See the instructor. uld be able to download Microsoft Office 6) Submit via Canvas Upload Submit this file on Canvas no later than the due date and time: MW Class: Wednesday, April 10, 2019 9 am TTH Class: Thursday April 11, 2019 10 am l) 2) Your file name should include your Company name plus your first and last name Rubric Grading Requirement 1) Readability. presentation, headings and formatting, cell calculation shading Possible Points io company name identified, format allows each budget to print on a single page Correct answer on each of the thirteen required budgets 10 60 2) 3) Formulas are included within each budget. Each budget contains calculations within each worksheet and working links to/from another budget such that there is only the need to enter a number on the master budget once. 30 100 Total point valuation Bonus Points Compute the product cost per unit. This should tie to the product cost identified in part a of the Problem Assignment (B) Note: This project is worth 10% of your final grade. If any one student copies another student's work outside of his/her team, both students will be given a 0 grade for this assignment. If a student doesn't participate fully in the team effort, that student will be assigned a 0 grade for this assignment. Master Budget Problem Spring 2019 Problem Assignment (B) To prepare a master budget for April, May, and June of 2019, management gathers the following information: a. Sales for March total 24,000 units. Forecasted sales in units are as follows: April 24,000 ; May 16,600; June 22,200; July 24,000. Sales of 251,000 units are forecasted for the entire year. The product's selling price is $31.00 per unit and the total product cost is $26.40 per unit. b. Company policy calls for a given month's ending finished goods inventory to equal 70% of the next month's expected unit sales. The March 31 finished goods inventory is 16,800 units, which complies with the policy c. 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 4,705 units, which complies with this policy. The expected June 30 ending raw materials inventory is 5,100 units. Raw materials cost $20 per unit. Each finished unit requires .50 units of raw materials. d. Each finished unit requires .50 hours of direct labor at a rate of $26.00 per hour e. Overhead is allocated based on direct labor hours. The predetermined variable overhead rate is $3.80 per direct labor hour. Depreciation of $31,400 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 managers monthly salary is $4,100 per month. g. Monthly general and administrative expenses include $25,000 administrative salaries and .8% monthly interest on the long-term note payable h. The company expects 35% ofsales to be for cas are collected in full in the month following the sale (none are collected in the month of hand the remaining 65% on credit. Receivables the sale) i. 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 $21,000 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 $141,000 are budgeted for the last day of June. n. The estimated balance sheet for the company as of March, 2019 is included on tab (C) 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 (April, May & June shown separately), except as otherwise noted. Round calculations to the nearest whole dollars. 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. Schedule of Expected Cash Receipts and Expected June 30 Balance of Accounts Receivable 9. Schedule of Expected Cash Payments and Expected June 30 Balance of Accounts Payable 10. Cash Budget 11. Budgeted Income statement for the entire second quarter (not for each month separately) 12. Budgeted Statement of Retained Earnings (For the entire second quarter) 13. Budgeted Balance Sheet Use areas on these budget tabs or separate tabs to document any supporting calculations or assumptions needed to come up with the above information. Problem Answer Checks: Schedule 2. Units to be Produced: April: 18,820; May: 20,520 Schedule 3. Cost of raw (direct) material purchases: April: $196,700 Schedule 5. Total overhead cost, May: $70,388 Schedule 10. Ending Cash Balance April: $209,532; May: $290,844 Schedule 13. Budgeted Total Assets: June 30 $1,599,650 Company Name April June 2019 Schedule I SALES BUDGET April May June Quarter july 22,000 70,000 24,000 Projected Sales in Units Selling Price per Unit Projected Sales in Dollars 24,000 24,000 31.00 31.00 $ 3100 $ 31.00 s 744,000.00 744,000.00 682.000.00 2.17000000 74400000 13 Additional Notes: Balance Sheet March 31(C) Sales Budget() . +Overview & Rubric (A)Problem Assignment (B) - Type here to search 0 Master Budget Project Shell Spring 2019 BA101B 03212019 File Edit View Insert Format Data Tools Add ons Help All changes saved in Drive B . .EE. -.--1+-y-01 x Company Name Company Name Estimated Balance Sheet March 31 2019 Assets Liabilities and Equity Cash 6 Accounts receivable 7 Raw materials inventory 51,000 483,600 94,100 443,520 Accounts payable Income taxes payable Short-term notes payable 211,400 23,000 234,400 515,000 749,400 346,000 437,820 783,820 Finished goods inventory Total current liabilities Long term note payable Total current assets 1,072,220 10 Equipment, gross 11 Accumulated depreciation 12 Equipment, net 13 14 Total assets 15 622,000 161,000 461,000 Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity 1,533,220 1,533,220 20 Raw Mat Budget (3)- +Balance Sheet March 3t(c) O Type here to search Sales Budget(P Production Budget (2) Ifyou don't have access to Microsoft Excel you sho for free using your Ohlone Student Email address. See the instructor. uld be able to download Microsoft Office 6) Submit via Canvas Upload Submit this file on Canvas no later than the due date and time: MW Class: Wednesday, April 10, 2019 9 am TTH Class: Thursday April 11, 2019 10 am l) 2) Your file name should include your Company name plus your first and last name Rubric Grading Requirement 1) Readability. presentation, headings and formatting, cell calculation shading Possible Points io company name identified, format allows each budget to print on a single page Correct answer on each of the thirteen required budgets 10 60 2) 3) Formulas are included within each budget. Each budget contains calculations within each worksheet and working links to/from another budget such that there is only the need to enter a number on the master budget once. 30 100 Total point valuation Bonus Points Compute the product cost per unit. This should tie to the product cost identified in part a of the Problem Assignment (B) Note: This project is worth 10% of your final grade. If any one student copies another student's work outside of his/her team, both students will be given a 0 grade for this assignment. If a student doesn't participate fully in the team effort, that student will be assigned a 0 grade for this assignment. Master Budget Problem Spring 2019 Problem Assignment (B) To prepare a master budget for April, May, and June of 2019, management gathers the following information: a. Sales for March total 24,000 units. Forecasted sales in units are as follows: April 24,000 ; May 16,600; June 22,200; July 24,000. Sales of 251,000 units are forecasted for the entire year. The product's selling price is $31.00 per unit and the total product cost is $26.40 per unit. b. Company policy calls for a given month's ending finished goods inventory to equal 70% of the next month's expected unit sales. The March 31 finished goods inventory is 16,800 units, which complies with the policy c. 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 4,705 units, which complies with this policy. The expected June 30 ending raw materials inventory is 5,100 units. Raw materials cost $20 per unit. Each finished unit requires .50 units of raw materials. d. Each finished unit requires .50 hours of direct labor at a rate of $26.00 per hour e. Overhead is allocated based on direct labor hours. The predetermined variable overhead rate is $3.80 per direct labor hour. Depreciation of $31,400 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 managers monthly salary is $4,100 per month. g. Monthly general and administrative expenses include $25,000 administrative salaries and .8% monthly interest on the long-term note payable h. The company expects 35% ofsales to be for cas are collected in full in the month following the sale (none are collected in the month of hand the remaining 65% on credit. Receivables the sale) i. 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 $21,000 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 $141,000 are budgeted for the last day of June. n. The estimated balance sheet for the company as of March, 2019 is included on tab (C) 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 (April, May & June shown separately), except as otherwise noted. Round calculations to the nearest whole dollars. 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. Schedule of Expected Cash Receipts and Expected June 30 Balance of Accounts Receivable 9. Schedule of Expected Cash Payments and Expected June 30 Balance of Accounts Payable 10. Cash Budget 11. Budgeted Income statement for the entire second quarter (not for each month separately) 12. Budgeted Statement of Retained Earnings (For the entire second quarter) 13. Budgeted Balance Sheet Use areas on these budget tabs or separate tabs to document any supporting calculations or assumptions needed to come up with the above information. Problem Answer Checks: Schedule 2. Units to be Produced: April: 18,820; May: 20,520 Schedule 3. Cost of raw (direct) material purchases: April: $196,700 Schedule 5. Total overhead cost, May: $70,388 Schedule 10. Ending Cash Balance April: $209,532; May: $290,844 Schedule 13. Budgeted Total Assets: June 30 $1,599,650