Requirements:

Production budget$($in units$)$

$4.$

Direct material purchases budget$($in quantities$)$

$5.$

Direct material purchases budget$($in dollars$)$

$6.$

Direct manufacturing labor budget$($in dollars$)$

$7.$

Budgeted$$ finished$-$goods inventory at December$31,20202020($in dollars$)$

$8.$

What questions might the CEO ask the production manager when reviewing the$$ production, direct$$ materials, and direct manufacturing labor$$ budgets?

$9.$

How does preparing a budget help ChenChen $$Corporation$\text{'}$s top management better manage the$$ company?