need help with the following

1.

Swifty Company estimates that unit sales will be 8,200 in quarter 1, 11,480 in quarter 2, 12,300 in quarter 3, and 14,760 in quarter 4. The unit selling price is $70. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022. SWIFTY COMPANY Production Budget V Quarter 1 2 Six Month V V VFor Swifty Company, units to be produced are 4,100 in quarter 1 and 5,740 in quarter 2. It takes 1.6 hours to make a nished unit, and the expected hourly wage rate is $15 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022. SWIFTY COMPANY Direct Labor Budget 1 2 Six Months Shefeld Company has completed all of its operating budgets. The sales budget for the year shows 65,000 units and total sales of $2,925,000. The total cost of producing one unit is $20. Selling and administrative expenses are expected to be $390,000. Interest is estimated to be $13,000. Income taxes are estimated to be $260,000. Prepare a budgeted multiple-step income statement for the year ending December 31, 2022. SHEFFIELD COMPANY Budgeted Income Statement Sheridan Industries expects credit sales for January, February, and March to be $189,200, $223,600, and $258,000, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January $ $ $ February March $ $