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please explain last part. part E Prepare the sales budget for the year. Prepare the bud seted multiple-step income statement for the year. (Note income

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Prepare the sales budget for the year. Prepare the bud seted multiple-step income statement for the year. (Note income taxes are not allocated to the products). Prepare the production budget for the year. Prepare the direct labor budget for the year. (Round Direct labor time per unit onswers to 1 decimal ploce, es.52.5.) Cullumber Inc is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the following. An accounting assistane has prspared the detailed manufacturing overhead budget and the selling and administrative expense budset. The latter shows sellipg Ecpenses of $470,400 for product JE$0 and $302,400 for product JB60, and administrative expenses of $453,600 for product JB $0 and $285,600 for product J 60 . Interest esense is $150,000 inot a located to products]. Income taxes are expected to be 20%

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