please answer all parts. ensure that the income statement shows a profit for each month. do not chnage selling price until a profit results for each month.

Project \#2 Sales Projections in Units Monthly Projected Selling \& Administrative Expenses Variable Cost/Unit Fixed Costs \begin{tabular}{rr} $ & 22.00 \\ \hline$ & 2.835 .00 \\ \hline \end{tabular} Production: Desired Ending Inventory Beginning Inventory (new business) Materials \begin{tabular}{lr} Desired Ending Inventory & \multicolumn{2}{c}{98.5%} \\ Number of Materials per Unit \\ Projected Cost/Material Unit \\ Beginning Inventory (new business) \end{tabular} Direct Labor Time per Unit (in hours) Cost per Hour \begin{tabular}{rr} 3.00 \\ \hline$22.00 \\ \hline \end{tabular} Manufacturing Overhead Variable Cost/Unit Fixed Costs \begin{tabular}{rr} $ & 5.00 \\ \hline$ & 11,437 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{2}{|c|}{ SALES BUDGET } & \multicolumn{1}{c|}{ D } & E \\ \hline & January & February & March & April \\ \hline Projected Sales in Units & & & & \\ \hline Selling Price per Unit & & & & \\ \hline Anticipated Sales Dollars & & & & \\ \hline \end{tabular} SELLING \& ADMINISTRATIVE (S\&A) EXPENSE BUDGET \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{l|}{ January } & February & March \\ \hline Sales in Units & & & \\ \hline Variable S\&A Rate/Unit & & & \\ \hline Anticipated Variable Costs & & & \\ \hline Fixed S\&A Costs & & & \\ \hline TotalAnticipatedSelling&AdministrativeCosts & & & \\ \hline \end{tabular} PRODUCTION BUDGET \begin{tabular}{|l|l|l|l|l|} \hline & January & February & March & April \\ \hline Sales in Units & & & & \\ \hline Desired Ending Inventory & & & & \\ \hline Total Units Needed & & & & \\ \hline Beginning Inventory & & & & \\ \hline Total Production in Units & & & & \\ \hline \end{tabular} MATERIALS REQUIREMENTS BUDGET DIRECT LABOR BUDGET Direct Labor Hours/Unit Cost/Direct Labor Hour Cost of Direct Labor per Product MANIIEACTIIRINGQMERHEADRIDEET PRODUCT COST PER UNIT PROJECTED INCOME STATEMENT \begin{tabular}{|l|l|l|l|} \hline & January & February & March \\ \hline Sales in Units & & & \\ \hline Sales Revenue & & & \\ \hline Cost of Goods Sold: & & & \\ \hline Gross Profit (Margin) & & & \\ \hline SellingandAdministrative(Operating)Expenses & & & \\ \hline Operating Income & & & \\ \hline \end{tabular} Project \#2 Sales Projections in Units Monthly Projected Selling \& Administrative Expenses Variable Cost/Unit Fixed Costs \begin{tabular}{rr} $ & 22.00 \\ \hline$ & 2.835 .00 \\ \hline \end{tabular} Production: Desired Ending Inventory Beginning Inventory (new business) Materials \begin{tabular}{lr} Desired Ending Inventory & \multicolumn{2}{c}{98.5%} \\ Number of Materials per Unit \\ Projected Cost/Material Unit \\ Beginning Inventory (new business) \end{tabular} Direct Labor Time per Unit (in hours) Cost per Hour \begin{tabular}{rr} 3.00 \\ \hline$22.00 \\ \hline \end{tabular} Manufacturing Overhead Variable Cost/Unit Fixed Costs \begin{tabular}{rr} $ & 5.00 \\ \hline$ & 11,437 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{2}{|c|}{ SALES BUDGET } & \multicolumn{1}{c|}{ D } & E \\ \hline & January & February & March & April \\ \hline Projected Sales in Units & & & & \\ \hline Selling Price per Unit & & & & \\ \hline Anticipated Sales Dollars & & & & \\ \hline \end{tabular} SELLING \& ADMINISTRATIVE (S\&A) EXPENSE BUDGET \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{l|}{ January } & February & March \\ \hline Sales in Units & & & \\ \hline Variable S\&A Rate/Unit & & & \\ \hline Anticipated Variable Costs & & & \\ \hline Fixed S\&A Costs & & & \\ \hline TotalAnticipatedSelling&AdministrativeCosts & & & \\ \hline \end{tabular} PRODUCTION BUDGET \begin{tabular}{|l|l|l|l|l|} \hline & January & February & March & April \\ \hline Sales in Units & & & & \\ \hline Desired Ending Inventory & & & & \\ \hline Total Units Needed & & & & \\ \hline Beginning Inventory & & & & \\ \hline Total Production in Units & & & & \\ \hline \end{tabular} MATERIALS REQUIREMENTS BUDGET DIRECT LABOR BUDGET Direct Labor Hours/Unit Cost/Direct Labor Hour Cost of Direct Labor per Product MANIIEACTIIRINGQMERHEADRIDEET PRODUCT COST PER UNIT PROJECTED INCOME STATEMENT \begin{tabular}{|l|l|l|l|} \hline & January & February & March \\ \hline Sales in Units & & & \\ \hline Sales Revenue & & & \\ \hline Cost of Goods Sold: & & & \\ \hline Gross Profit (Margin) & & & \\ \hline SellingandAdministrative(Operating)Expenses & & & \\ \hline Operating Income & & & \\ \hline \end{tabular}