Please solve all three question??

15 points Ques 03: DeLitt Company producess and sells frames for pictures of different special events like weddings, graduations etc. Baron, the chief controller, is responsible for preparing DeLitt's master budget and has accumulated the following information for 2018: January 12,000 S 53.00 3.0 S 11.00 2018 March 6,000 S52.00 2.0 $11.00 February 13,000 S 52.00 3.0 S 11.00 April 11,000 $ 52.00 2.0 S 12.00 Estimated sales in units Selling price Direct manufacturing labor-hours per unit Waga per direct manufacturing labor-hour May 11.000 S 52.00 20 S 12.00 In addition to wages, direct manufacturing labor-related costs include pension contributions of S0.40 per hour, worker's compensation insurance of $0.10 per hour, employee medical insurance of $0.50 per hour, and Social Security taxes. Assume that as of January 1, 2018, the Social Security tax rates are 7.5% for employers and 7.5% for employees. The cost of employee benefits paid by Delitt on its direct manufacturing employees is treated as a direct manufacturing labor cost. DeLitt has a labor contract that calls for a wage increase to $12 per hour on April 1, 2018. New laborsaving machinery has been installed and will be fully operational by March 1, 2018. DeLitt expects to have 16.000 frames on hand at December 31, 2017, and it has a policy of canying an end-of-month inventory of 100% of the following month's sales plus 50% of the second following month's sales. a REQUIRED 1. Prepare a production budget and a direct manufacturing labor cost budget for DeLitt Company by month and for the first 2. What actions has the budget process prompted DeLitt's management to take? 3. How might Delitt's managers use the budget developed in requirement 1 to better manage the company? quarter of 2018