Operating Budget: CD Company is expecting to sell 850,000 units in 2022. Its standard price is Php35 per unit. Below are the details of its production cost and operating expenses: Production Cost Standard direct raw material PhplS/unit Standard indirect raw material 2/unit Salaries 3,500,000 Depreciation 2,000,000 Utilities 1,200,000 Repairs and maintenance 500,000 Other fixed production cost $00,000 Operating Expenses Salaries Php 1,250,000 Depreciation 350,000 Utilities 200,000 Transportation 150,000 Other operating expenses 250,000 Prepare the 2022 operating budget