please complete requirements 6-10. please ure the formatting from the last 3 picture. thanks

Devon Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data portain to Devon Manufacturing's operations Click the icon to view the data Click the icon to view additional data) Read the rements Data Table Requirements th 1.182 cost $ $ $ het Current Assets as of December 31 (prior year) Cash Accounts receivable net Inventory Property, plant, and equipment, net Accounts payable Capital stock Ratindeaming $ 4.500 50.000 15,600 121,000 42.400 124,500 22.000 1. Prepare a schedule of cash collections for January February, and March, and for the quarter in total 2. Prepare a production budget. (Hint: Unit sales Sales in dollars / Selling price per unit) 3. Prepare a direct materials budget 4 Prepare a cash payments budget for the direct material purchases from Requirement 3. (Use the accounts payable balance at December 31 of prior year for the prior month payment in January) 5. Prepare a cash payments budget for direct labor & Prepare a cash payments budget for manufacturing overhead costs 7. Prepare a cash payments budget for operating expenses Prepare a combined cash budget Calculate the budgeted manufacturing cost per unit assume that feed manufacturing overhead is budgeted to be $0.90 per unit for the years 10. Prepare a budgeted income statement for the quarter ending March 31 Mint Cost of goods sold Budgeted cost of manufacturing one unitx Number of units sold Mar $ $ Done Print Done Requirement 7. Prepare cash payment budget for operating per Round Devon Manufacturing Cash Payments for Operating Expenses Budget For the Quarter Ended March 31 Month January February March Variable operating expenses Quarter zu ou 20 000 a. Actual sales in December were $70,000. Selling price per unit is projected to remain stable at $10 per unit throughout the budget period. Sales for the first five months of the upcoming year are budgeted to be as follows: January.... $ 80,000 February $ 92,000 March $ 99,000 April $ 97,000 May $ 85,000 b. Sales are 30% cash and 70% credit. All credit sales are collected in the month following the sale. c. Devon Manufacturing has a policy that states that each month's ending inventory of finished goods should be 25% of the following month's sales (in units) d. Of each month's direct material purchases, 20% are paid for in the month of purchase, while the remainder is paid for in the month following purchase. Two pounds of direct material is needed per unit at $2.00 per pound, Ending inventory of direct materials should be 10% of next month's production needs. e. Most of the labor at the manufacturing facility is indirect, but there is some direct labor incurred. The direct labor hours per unit is 0.01. The direct labor rate per hour is $12 per hour. All direct labor is paid for in the month in which the work is performed. The direct labor total cost for each of the upcoming three months is as follows: January 996 February $ 1.125 March 1,182 f. Monthly manufacturing overhead costs are $5,000 for factory rent, $3,000 for other fixed manufacturing expenses, and $1.20 per unit for variable manufacturing overhead. No depreciation is included in these figures. All expenses are paid in the month in which they are incurred. g.Computer equipment for the administrative offices will be purchased in the upcoming quarter. In January, Devon Manufacturing will purchase equipment for $5,000 (cash), while February's cash expenditure will be $12,000 and March's cash expenditure will be $16,000 h. Operating expenses are budgeted to be $1.00 per unit sold plus fixed operating expenses of $1,000 per month. All operating expenses are paid in the month in which they are incurred. No depreciation is included in these figures. i. Depreciation on the building and equipment for the general and administrative offices is budgeted to be $4,600 for the entire quarter, which includes depreciation on new acquisitions J. Devon Manufacturing has a policy that the ending cash balance in each month must be at least $4,000. It has a line of credit with a local bank. The company can borrow in increments of $1,000 at the beginning of each month, up to a total outstanding loan balance of $150,000. The interest rate on these loans is 1% per month simple interest (not compounded). The company would pay 000 .820 Duran Q Requirement 5. Prepare a cash payments budget for direct labor Decker Manufacturing Cash Payments for Direct Labor Budget For the Quarter Ended March 31 Month January February March Quarter 3.807' $ 44425 4.293 S 12.542 Total cost of direct labor Requirement 6. Prepare a cash payments budget for manufacturing overhead costs (Round your answers to the nearest whole dollar) Decker Manufacturing Cash Payments for Manufacturing Overhead Budget For the Quarter Ended March 31 Month January February March Quarter Variable manufacturing overhead costs $ 9.306 $ 10.8575 10,494's 30.657 Rent (ed) 5.500 5.500 5,500 16.500 2.900 Other fxed MOH 2900 2,000 8.700 Cash payments for manufacturing overhead 17706 19.257 S 100M Requirement 7. Prepare a cash payments budget for operating expenses (Round your answers to the nearest whole dolar) Decker Manufacturing Cash Payments for Operating Expenses Budget For the Quarter Ended March 31 Month January February March Quarter Variable operating expenses $ 10.3755 12,3755 12 000 $ 34.750 1.800 1.800 1.800 Fixed operating expenses 5.400 12 1755 14 175 13 800 S 40,150 Cash payments for operating expenses Requirement 8. Prepare a combined cash budget (if a box is not used in the table leave the box emoty, do not enter a zero. Use parentheses or a minus sign for negative cash balances and financing payments) Decker Manufacturing Requirement 8. Prepare a combined cash budget. (If a box is not used in the table leave the box empty, do not enter a zero. Use parentheses or a minus sign for negative cash balances and financing payments) Decker Manufacturing Combined Cash Budget For the Quarter Ended March 31 January February March Quarter Beginning cash balance $ 4,600 $ 4432 4,9515 4,600 Plus Cash collections 81,010 106.320 117.540 304,870 Total cash available 85,610 110.752 122.491 309 470 Less cash payments Direct material purchases 53.490 53.727 58,368 165,585 Direct labor 3,807 4442 4.293 12,542 Manufacturing overhead costs 17.706 19.257 18,894 56.857 Operating expenses 12,175 14,175 13.800 40,150 Tax payment 10,000 10.000 Equipment purchases 5,000 12 200 16.600 33,800 Total cash payments 92 178 113.801 111.955 317,934 Ending cash balance before financing 6 568) (3.000 10.530 6.464) Financing Plus: New borrowing 11,000 8 000 19.000 Less Debt repayments (6.000) (6.000) Loss Interest payments 400) 490 Total financing 11.000 3.000 (6.490 12510 Ending cash balance 4,432 4.951 4046S 4,046 Decker Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Decker Manufacturing's operations: Click the icon to view the data) (Click the icon to view additional data) Read the requirements 1.10 Financing Plus: New borrowings 11.000 8,000 19.000 Less Debt repayments (6.000) (6.000) Less Interest payments (490) (490) Total financing 11,000 8.000 (6.490) 12.510 Ending cash balance 4,4325 4,951's 4,046 $ 4,046 Requirement 9. Calculate the budgeted manufacturing cost per unit (assume that fixed manufacturing overhead is budgeted to be $0.90 per unit for the year). (Round your answer to the nearest cent) Decker Manufacturing Budgeted Manufacturing Cost per Unit For the Quarter Ended March 31 Direct materials cost per unit $ 6.00 Direct labor cost per unit 0.45 Variable manufacturing overhead costs per unit 0.90 Fixed manufacturing overhead costs per unit 8.45 Budgeted cost of manufacturing one unit Requirement 10. Prepare a budgeted income statement for the quarter ending March 31. (Hint Cost of goods sold - Budgeted cost of manufacturing one unit x Number of units sold.) (Round your answers to the nearest whole dollar) Decker Manufacturing Budgeted Income Statement For the Quarter Ended March 31 Sales revenue $333,600 Less Cost of goods sold 1234 910) Gross proft 98.690 Less Operating expenses (40,150) Less Depreciation expense (4.600) Operating income 53,940 Less Interest expense (490) Less Income tax expense (16035 Net income 37415