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I need help with my master budget. Prepare a sales budget. Prepare a production budget. Prepare a direct materials budget. Prepare a direct labor budget.

I need help with my master budget.

  1. Prepare a sales budget.
  2. Prepare a production budget.
  3. Prepare a direct materials budget.
  4. Prepare a direct labor budget.
  5. Prepare a manufacturing overhead budget.
  6. Prepare a selling and administrative budget.
  7. Prepare a budgeted income statement.
  8. Prepare a cash budget.
  9. image text in transcribed
image text in transcribedimage text in transcribed Wayne Corporation Master Budget Project The company is preparing its budget for the coming year, 2022. The first step is to plan for the first quarter of that coming year. The following information has been gathered from their managers. Sales Information Period November, 2021 December, 2021 January, 2022 February, 2022 March, 2022 April, 2022 May, 2022 Unit selling price \begin{tabular}{|r|l|} \hline Units & \\ \hline 102,000 & Actual \\ \hline 91,000 & Actual \\ \hline 100,000 & Planned \\ \hline 101,000 & Planned \\ \hline 103,000 & Planned \\ \multirow{3}{*}{ Grading guidelines are on the instru } \\ \hline 112,000 & Planned \\ \hline \end{tabular} Finished Goods Inventory Planning The company likes to keep 15% of the next quarter's unit sales in finished goods ending inventory. Accounts Recelvable \& Collections Sales on Account Collections Activity Month of Sale Month after Sale Balance at 12/31/21 nes are on the instru 23 Balance at 12/31/21 $185,000.00 25 Materlals Inventory costs \& Planning 26 Direct Materials Amount Used per Unit Cost Ingredient 2lb 1.18lb The company lkes to keep 12% of the material needed for the next month's production in raw materials ending inventory. The company likes to keep 12% of the material needed for the next month's production in raw materials end ing inventory

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