Need this in excel format! I am very lost with this project. Thank you

I ' The facts for this problem are presented on the Facts tab of this workbook. instructions - Your solutions should be clearly labeled on the Solutions tab of this workbook. For the first quarter of 2017. do the following. (a) Prepare a sales budget. This is similar to illustration 213 on page 1088 of your textbook. (b) Prepare a production budget. This is similar to illustration 21-5 on page 1089 of your textbook. (c) Prepare a direct materials budget. (Round to nearest dollar) This is similar to illustration 21-7on page 1091 ofyour textbook. (d) Prepare a direct labor budget. (For calculations, round to the nearest hour.) This is similar to illustration 219 on page 1094 of your textbook. (e) Prepare a manufacturing overhead budget. (Round intermediate amounts to the nearest dollar.) This is similar to illustration 21-10 on page 1094 ofyour textbook. (f) Prepare a selling and administrative budget. This is similar to illustration 21-11 on page 1095 of your textbook. (g) Prepare a budgeted income statement. (Round intermediate calculations to the nearest dollar.) This is similar to illustration 2113 on page 1096 of your textbook. (h) Prepare a cash budget. This is similar to illustration 21-17 on page 1100 of your textbook. (You will need to prepare schedules for expected collections from customers and expected payments to vendors first. See illustrations 21-15 and 21-16 on page 1099 of your Rules- " Use Excel's functionality to your benefit. Points are lost for lack of formula. \" Use proper formats for schedules, following the referenced textbook examples. * Use dollar-signs and underscores where appropriate. " Double-check your work! Verify your formula and logic! Grading Guidelines- Effective Use of Excel Facts. Logic Completeness 30% Spelling, Punctuation, Value Format 10% Serious Business, Inc. The company is preparing its budget for the coming year, 2017. 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 Units November 102,000 December 91,000 January 100,000 February 101,000 March 103,000 Grading guidelines are on the instructions tab. April 112,000 May 123,000 Unit selling price $ 11.00 Finished Goods Inventory Planning The company likes to keep 10% of the next months unit sales in finished goods ending inventory. Month after Sale 20% Balance at 12/31/16 5 185,000.00 Materials Inventory Costs & Planning Accounts Receivable B: Collections Sales on Account 100% Collections Activity Month of Sale 80% Direct Materials Amount Used per Unit Cost Metal 2 lb 5 1.00 lb The company likes to keep 5% of the material needed for the next month's production in raw materials ending inventory. Accounts Payable & Disbursements Purchases on Account Payment Activity Month of Purchase Month after Purchase Balance at 12/31/16 Direct Labor & Costs Time per Unit Production Pay Rate/Hour Manufacturing Overhead Costs Variable costs per direct labor hour Indirect materials Indirect labor Utilities Maintenance Fixed costs per month Salaries Depreciation Property taxes Insurance Janitorial Selling and Administrative Cost: Variable costs per unit sold Fixed costs per month Advertising Insurance Salaries Depreciation Other xed costs ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ m m Income Taxes Accrued on Monthly Net Income Amounts Accrued Q4 2016 paid January 2017 Cash and Financing Matters Cash Balance, 12/31/2016 2017 Minimum Balance Required Monthly Dividends Outsta nding Shares Line of Credit Limit Borrowing Increment Required Interest Rate Draws Repayments Interest accumulates to the loan balance and is paid in full with each repayment. Additional Item Fixed Asset Purchase Month 40% 200,000 rounded to nearest dollar '0'!- 'U'J- \" 'U'l' $0 74,000 575,000 1.80 per share 1,00 First of Month Last of Month 361,000 February