please the format below to compute the question.

the number i want you to use are in the first two pictures

please answer correctly this is my 3rd time entering this

Devon Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Devon Manufacturing's operations: ! Click the icon to view the data) (Click the icon to view additional data) Read the resurements $ S $ Requirement 1. Prepare a schedule of cash collections for January February, and March, and for the quarter in total Devon Manufacturing Cash Collections Budget For the Quarter Ended March 31 Data Table Month January February March Quarter Cash sales Current Assets as of December 31 (prior year) Credits sales Cash Total cash collections Accounts receivable, not Inventory Property, plant and equipment, net 0 Requirements Accounts payable Capital sock Retained ning 1. Prepare a schedule of cash collections for January February, and March, and for the quarter in total 2 Prepare a production budget (Het Unt sales in dollar/Selling price per unit) 3 Prepare a direct budget Print Done Prepare a cash payments budget for the direct material purchases from Requirement (Use the accounts payable balance at December 31 of prior year for the prior month payment in January) Prepare a cash payments budget for direct labor 6 Prepare a cash payments budget for manufacturing overhead costs 7 Prepare a cash payments budget for operating expenses Prepare a combined cash budget 9 Calculate the budgeted manufacturing cost per unit assume that feed manufacturing overhead is budgeted to be 50 90 per unit for the year) 10. Prepare a budgeted income statement for the art ending March 31 (Hint Cost of goods sold Budgeted cost of manufacturing one unit x Number of units sold) $ 4,500 50,000 15 600 121.000 42.400 124.500 22.600 $ $ $ 4 5 Print Done the requiremen More Info - X airement 1. Pred 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: th sales Hits sales cash collections 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 t. Monthly manufacturing overhead costs are $5,000 for factory rent. $3,000 for other foxed 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 wil 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 foed 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 54,000. 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 down on the line of credit balance in increments of $1,000 it has excess funds at the end of the quarter. The company would also pay the accumulated interest at the end of the quarter on the funds borrowed during the quarter. k. The company's income tax rate is projected to be 30% of operating income less interest expense. The company pays $10,000 cash at the end of February in estimated taxes Print Done Requirement 1. Prepare a schedule of cash collections for January February, and March, and for the quarter in total Decker Manufacturing Cash Collections Budget For the Quarter Ended March 31 Month January February March Quarter Cash sales $ 34,860 $ 41,550 $ 40,320 $ 116,760 Credits sales 46 150 64.740 77.220 188, 110 Total cash collections $ 810105 106,3205 117 540 S 304 870 Requirement 2. Prepare a production budget. (Hint: Unit sales Sales in dollars / Selling price per unit) Decker Manufacturing Production Budget For the Quarter Ended March 31 Month January February March Quarter Unit sales 8.300 9.900 9,600 27.800 990 960 900 Plus: Desired ending inventory 900 Total needed 9.290 10.860 10.500 28,700 830 Less: Beginning inventory 990 960 8.460 9870 9.540 27 870 Units to produce Requirement 3. Prepare a direct materials budget. (Round your answers to the nearest whole dollar) Decker Manufacturing Direct Materials Budget For the Quarter Ended March 31 Month January February March Units to be produced 8.450 9.870 9.540 27 870 Multiply by: Quarvy pounds)of DM needed per unit Quantity (pounds) needed for production 25,380 29.610 28.620 83 610 Quarter 29.610 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 Less: Beginning inventory 8.460 9 870 Units to produce 9540 27,870 Requirement 3. Prepare a direct materials budget. (Round your answers to the nearest whole dollar) Decker Manufacturing Direct Materials Budget For the Quarter Ended March 31 Month January February March Quarter Units to be produced 8.460 9.370 9,540 27 870 Multiply by Quantity (pounds) of DM needed per unit Quantity (pounds) needed for production 25.380 28,620 83.610 5922 5 724 5,376 Plus: Desired ending inventory of DM 5370 Total quantity (pounds) needed 31 302 35 334 33.006 88 96 Less: Beginning inventory of DM 5075 5.022 5.724 5076 Quantity (pounds) to purchase 26 220 20412 28,272 83 910 $ 2005 2.00 2005 Multiply by: Cost per pound 2.00 S 52 4525 58 8245 56.544 167 820 Total cost of DM purchases Requirement 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) (Round your answers to the nearest whole dollar) Decker Manufacturing Cash Payments for Direct Materials Budget For the Quarter Ended March 31 Month January February March Quarter 20% of current month DM purchases S 10.4905 11.765 11,3095 33.554 43.000 41.962 47,059 132 021 80% of last month's DM purchases 53.490S 53 7275 58 368's 165585 Total cash payments 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 3807's 4,442 $ 4.293 $ Total cost of direct labor 12.542 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 10.857 $ 10,494 30.657 Rent (fixed) 5.500 5.500 5.500 18.500 2.900 2.900 2.900 8,700 Other foxed MOH 17705 19.257 $ 18.894 $ 55,857 Cash payments for manufacturing overhead 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 $ 10.375 S 12,3755 12.000 34.750 1.800 1,300 1600 5.400 Fred operating expenses 12, 175 14 175 13 800 S 40.150 Cash payments for operating expenses 5 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 4 500 $ 4432 4.9515 4,600 Plus Cash collections 81010 106,320 117,540 304870 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 17.700 19.257 18,894 55,857 Operating expenses 12,175 14,175 13,800 40,150 Tax payment 10,000 10.000 5,000 Equipment purchases 12.200 16.600 33.800 Total cash payments 92.17 113 801 31234 Ending cash balance before financing 15. 12.040) 10.530 0.404) Financing Plus: New borrowings 11,000 8,000 19.000 Less Debt repayments 16.000) (6.000) Less Interest payments (490) Total financing 11 000 8.000 16.490) 12.510 Ending cash balance 4,4325 4.951 4,040 4,046 Requirement 9. Caith (490 Decker Manutacturing 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 (490 Financing Plus: New borrowings 11.000 8,000 19.000 Less Debt repayments (6.000) (6.000) Less: Interest payments (490) Total financing 11,000 8.000 (6.490) 12510 Ending cash balance 4.432's 4,951's 4,046 4,046 Requirement 8. 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 1.10 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 pront 98.690 Less Operating expenses (40.150) Less Depreciation expense (4 600 Operating income 53.940 Less Interest expense (490) Los Income tax expense (16035 37415 Net income