I need help answering Exercise 9-57 Part 1 and 2. If you can please break down the step by step work so it can be a little easier for me to understand it. Thank You

50 Chapter 9 Profit Planning and Flexible Budgets LB-1 is a newer version of the leaf blower wich a gasoline engine. The LB-1 is on wheels instead of being carried. This model is designed for the commercial and did better than expected in its first year. As a result, the number of units of market Model LB-1 to be sold vas forecast at 250% ofthe previous year sunis. of the b. Models WE-8 and WE-9 were introduced on July i of last year. They are lighter traditional weed eater and are designed for smaller households or condo units. estimates that demand for both models will continue at the previous year's rate. ger's traditional weed eater. Alger believes that the model wE_6 price must be cut 30% It was assumed that unit sales of all other models would increase by 5%, prices remaining Acompetitor has announced plans to introduce an improved version of model WE-6, Al maintain unit sales at the previous year's level. d constant. Required: Pre a sales budget by product and in total for Alger Inc. for the coming year Exercise 9-57 Production Budget and Direct Materials Purchases Budget Jani Subramanian, owner of Jani's Flowers and Gifs, produces gift baskets for various special occasions. Each gif basket includes fruit or assorted small gifts (e.g a coffee mug, deck of cards, novelty cocoa mixes, scented soap) in a basket that is wrapped in colorful cellophane. Jani has estimated the following unit sales of the standard gift basket for the rest of the year and for OBJECTIVE January of next year. October November December January 250 200 230 380 100 Jani likes to have 5% of the next month's sales needs on hand at the end of each month. This requirement was met on August 31. Two materials are needed for each fruit basket: Fruit Small gifts 1 pound 6 items The materials inventory policy is to have 5% of the next month's fruit needs on hand and 30% of the next month's production needs of small gifts. (The relatively low inventory amount for fruit is designed to prevent spoilage.) Materials inventory on August 31 met this company policy Required: 1. Prepare a production budget for September, October, November, and December for gift baskets. (Note: Round all answers to the nearest whole unit.) 2. Prepare a direct materials purchases budget for the two types of materials used in the production of gift baskets for the months of September, October, and November. (Note: Round answers to the nearest whole unit.) 3. CONCEPTUAL CONNECTION Why do you think there is such a big difference in budgeted units from November to December? Why did Jani budget fewer units in January than in December? OBJECTIVE Exercise 9-58 Schedule of Cash Collections on Accounts Receivable and Cash Budget Bennett Inc. found that about 15% ofits sales during the month were for cash. Bennett has the folowing accounts receivable collection experience (Continued) 50 Chapter 9 Profit Planning and Flexible Budgets LB-1 is a newer version of the leaf blower wich a gasoline engine. The LB-1 is on wheels instead of being carried. This model is designed for the commercial and did better than expected in its first year. As a result, the number of units of market Model LB-1 to be sold vas forecast at 250% ofthe previous year sunis. of the b. Models WE-8 and WE-9 were introduced on July i of last year. They are lighter traditional weed eater and are designed for smaller households or condo units. estimates that demand for both models will continue at the previous year's rate. ger's traditional weed eater. Alger believes that the model wE_6 price must be cut 30% It was assumed that unit sales of all other models would increase by 5%, prices remaining Acompetitor has announced plans to introduce an improved version of model WE-6, Al maintain unit sales at the previous year's level. d constant. Required: Pre a sales budget by product and in total for Alger Inc. for the coming year Exercise 9-57 Production Budget and Direct Materials Purchases Budget Jani Subramanian, owner of Jani's Flowers and Gifs, produces gift baskets for various special occasions. Each gif basket includes fruit or assorted small gifts (e.g a coffee mug, deck of cards, novelty cocoa mixes, scented soap) in a basket that is wrapped in colorful cellophane. Jani has estimated the following unit sales of the standard gift basket for the rest of the year and for OBJECTIVE January of next year. October November December January 250 200 230 380 100 Jani likes to have 5% of the next month's sales needs on hand at the end of each month. This requirement was met on August 31. Two materials are needed for each fruit basket: Fruit Small gifts 1 pound 6 items The materials inventory policy is to have 5% of the next month's fruit needs on hand and 30% of the next month's production needs of small gifts. (The relatively low inventory amount for fruit is designed to prevent spoilage.) Materials inventory on August 31 met this company policy Required: 1. Prepare a production budget for September, October, November, and December for gift baskets. (Note: Round all answers to the nearest whole unit.) 2. Prepare a direct materials purchases budget for the two types of materials used in the production of gift baskets for the months of September, October, and November. (Note: Round answers to the nearest whole unit.) 3. CONCEPTUAL CONNECTION Why do you think there is such a big difference in budgeted units from November to December? Why did Jani budget fewer units in January than in December? OBJECTIVE Exercise 9-58 Schedule of Cash Collections on Accounts Receivable and Cash Budget Bennett Inc. found that about 15% ofits sales during the month were for cash. Bennett has the folowing accounts receivable collection experience (Continued)