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months of the coming year is as follows: Required: Unless otherwise indicated, round all calculated amounts to the nearest dollar or unit. 1. Prepare the following monthly budgets for Greiner Company for the first quarter of the coming year. a. Production budget in units: 2. Calculate the total budgeted contribution margin for Greiner Company by month and in total for the first quarter of the coming year. (CMA adapted) Greiner Company Budgeted Contribution Margin For the First Quarter of the Coming Year \begin{tabular}{|c|c|c|c|c|} \hline & January & February & March & Total \\ \hline Sales revenue & $ & $ & $ & $ \\ \hline Direct labor cost & & & & \\ \hline Materials cost & & & & \\ \hline Contribution margin & $ & $ & $ & $ \\ \hline \end{tabular} b. Direct labor budget in hours: Round your answers to two decimal places, if required. Greiner Company Direct Labor Budget (hours) For the First Quarter of the Coming Year \begin{tabular}{llll} \hline \\ Units produced \\ Total labor budget (hours) \end{tabular} c. Direct materials cost budget: Greiner Company Direct Materials Cost Budget For the First Quarter of the Coming Year For the First Quarter of the Coming Year Units produced Cost per unit Total direct materials $ January February March d. Sales budget: Round unit selling price amounts to the nearest cent and use the same for subsequent requirements. Greiner Company Sales Budget (dollars) For the First Quarter of the Coming Year