Income -The manufacturing overhead budget which is prepared by another managerial accountant shows that expected MOH costs will be 150% of direct labor cost. a.) Prepare the Sales Budget b.) Prepare the Production Bu c.) Prepare the budgeted income suite 2021). ation for 2021. for 2021. me for 2020 and d.) Prepare a Flexible Selling and Administrative Expenses Budges increments of 5,000 sales units for the expected range of 415,000 and 425,000 e.) Prepare a Flexible Selling and Administrative Expenses Budget Report for 2021. Actual sales amount is 430,000 units, actual selling price is $32 and actual information of S&A Expenses: Variable: 15% of Actual Sales Fixed: $260,000 5.) Babylon Corporation manufactures luxury sofa sets and uses a standard cost system. It allocates overhead costs based on quantity of direct materials. The company's performance report for January includes the following selected data. Static Budget (300 sofa sets) Actual Production Explanations 7 (280 sofa sets) Sales Revenue $600,000 300 x $2000 $532,000 280 x $1900 Variable manufacturing costs: Direct Materials 62,100 9,000 meters x $6,90 56,079 8,370 meters x $6.70 Direct Labor 79,200 9,900 hrs x $8.00 71,604 9,180 hrs x $ 7.80 Variable Manufacturing Ovh 27,000 9,000 meters x $ 3.00 28,458 8,370 meters x $ 3.40 Fixed manufacturing costs: Fixed Manufacturing Ovh. 90,000 90,000 Quant AQ JP 30* 600 = 57.573 good x 6.30= Compute "total, price and quantity (efficiency) variances for direct materials and direct labor" and "total, controllable and volume variances for manufacturing overhead". 6.) Babylon Company has two service departments, the Maintenance Department and the IT Department. It has also two production departments, the Blending department and the Packaging Department. The usage of the two service departments' output for the year is as follows: Provider of Service User of Service Maintenance IT Blending Packagin Maintenance 10% IT 15% 30 55 Blending 30% 40% Packaging 85 83 Dinet 55% 50% Method 90 50 The budgeted costs in the two service departments for the year as follows: Maintenance: $ 300,000 IT: $220,000 Use a.) direct method b