I need help solving these review problems for managerial accounting

Exercise 1) Using the template provided to you, create a sales budget, production budget, direct materials purchases budget, and direct labor budget. Only rows that say 2D should have 2 decimal places. All other numbers should be rounded to the nearest unit or dollar amount (i.c., no decimals). Volcano Company is a high-technology organization that produces a mass-storage system. The units Volcano produces combine positive features of both compact and hard disks. The company is completing its fifth year of operations and is preparing to build its master budget for the coming year (2023). The budget will detail each quarter's activity and the activity for the year in total. The master budget will be based on the following information: a. Fourth-quarter sales for 2022 are 55,000 units. b. Unit sales by quarter (for 2023 ) are projected as follows: The selling price is $548 per unit. All sales are eredit sales. Volcano collects 85% of all sales within the quaner in which they are realized; the other 15% is collected in the following quarter. There are no bad debss. c. There are 1,330 units in beginning inventory of finished goods. Voleano is planning the following ending finished goods inventones for each quarier. The selling price is $548 per unit. All sales are credit sales. Volcano collects 85% of all sales within the quarter in which they are realized; the other 15% is collected in the following quarter. There are no bad debts. c. There are 1,330 units in beginning inventory of finished goods. Volcano is planning the following ending finished goods inventories for each quarter. d. Each mass-storage unit uses 3.25 hours of direct labor and 4.25 units of direct materials. Laborers are paid $19.79 per hour, and one unit of direct materials costs $68.95. c. At the end of each quarter, Volcano plans to have 22.77% of the direct materials needed for next quarter's production needs. Volcano will end the year with the same amount of direct materials found in the year's beginning inventory. Exercise 2) Accountaholics Corp. expects service revenuc in the next 6 months as follows: Exercise 2) Accountaholics Corp. expects service revenue in the next 6 months as follows: Prior experience has shown that the following collections are made: - 26 percent of a month's revenue is collected in the month the service is performed - 23.5 percent in the month following the service being performed - 18.8 percent in the second month following the service being performed - 11.4 percent in the third month following the service being performed - 7.9 percent in the fourth month following the service being performed - Remainder is collected in the fifth month following the service being performed March and April service revenues were $675,000 and $690,000 respectively. Required: Estimate budgeted cash reccipts (scrvice revenuc collected) for August, September, and October: \begin{tabular}{|l|cccc} \hline Sales Eladgot & Quarter 1 & Quarter 2 & Quarter 3.. Quarter 4 & Year \\ \hline Units & 56,560 \\ x sales price & \\ males \end{tabular}