Required: Calculate the following.

a. revenue budget

b. estimated product cost for each product

c. estimated profit margin for each product

d. production budget in units for each product

e. cost of goods sold budget

Nantucket Industries manufactures and sells two models of watches, Prime and Laxaria. It expects to sell 3,000 units of Prime and 1,400 imits of Laocuria in 2023. The following estimates are given for 2023: Nantucket had an inventory of 230 units of Prime and 85 units of Luxuria at the end of 2022 /beginning of 2023 . It has decided that as a measure to counter stock outages it will maintain ending inventory of 380 units of Prime and 240 units of Luxuria at the end of 2023 . Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $12. There were 130 units of Crimpson in stock at the end of 2022 The management does not want to have any stock of Crimpson at the end of 2020. Required: Calculate the following. (7 points each)