The management of Zigby Manufacturing prepared the following balance sheet for March 31 . To prepare a master budget for April, May, and June, management gathers the following information. a. Sales for March total 86,100 units. Budgeted sales in units follow Apri, 86,100; Moy, 81,900, June, 84,000; and July, 86,100. The product's selling price is $24,00 per unit and its total product cost is $19.85 per unit. b. Row materials inventory consists solely of direct materials that cost $20 per pound. Company policy calls for a given month's ending materials inventory to equal 50% of the next month's direct materials requirements. The March 31 raw materials inventory is 20.685 pounds. The budgeted June 30 ending raw materials inventory is 16,800 pounds. Each finished unit requires 0.50 pound of direct materlals. c. Company policy calls for a given month's ending finished goods inventory to equal 80% of the next month's budgeted unit sales. The March 31 finished goods inventory is 68,880 units. d. Each finished unit requires 0.50 hour of direct labor at a rate of $15 per hour. e. The predetermined variable overhead rate is $2.70 per direct labor hour. Depreciation of $84,000 per month is the only fixed factory overhead item. t. Sales commissions of 8 of sales are paid in the month of the sales. The sales manager's monthly salary is $12,600. 9. Monthly general and administrative expenses include $50,400 for administrative salaries and 0,9% monthly interest on the longterm note payable. h. The company budgets 30% of sales to be for cash and the remaining 70% on credit. Credit sales are collected in full in the month following the sale (no credit sales are collected in the month of sale). 1. All raw materials purchases are on credit, and accounts payoble are solely tied to raw materials purchases. Row moterials purchases are fully paid in the next month (none are paid in the month of purchase) 1. The minimum ending cash balance for all months is $168,000. If necessary, the company borrows enough cash using a loan to reach the minimum. Loans require an interest payment of 1X at each month-end (before any repayment). If the month-end preliminary cash balance exceeds the minimum, the excess will be used to repay any loans. k. Dividends of $42,000 are budgeted to be declared and paid in May. i. No cash payments for income taxes are budgeted in the second calendar quarter. Income taxwill be assessed at 35% in the quarter and budgeted to be paid in the third calendar quarter. m. Equipment purchases of $420,000 are budgeted for the last day of June. 1. Sales budpet. 2. Production budant 3. Direct materials budget. 4. Oirect tabor budget. 5. Factory overtiead budget 6. Selling expense budget 7. General and administrative expense budget B. Schedule of cash receipts. 9. Schedule of cash payments for direct materiats. 10. Cash budpet. 11. Budgeted income statement for entire second quarter (not monthly). 12 Budgeted bolance sheet at Jane 30. Complete this question by entering rour answers in the tabs below. Sales budget. 1. Soles budget. 2. Production budget. 3. Direct materials budget 4. Direct labor budget 5. Factory overhead budget. 6. Seiling expense budoet. 7. General and administrative expense budget. 8. Schedule of cash receipts. 9. Schedule of cash payments for direct materials. 10. Cash budget. 11. Budgeted Income statement for entire second quarter (not monthly). 12. Budgeted balance sheet at June 30 . Complete this question by entering your answers in the tabs below. Production budget: 1. Sales budget. 2. Production budget. 3. Direct materials budget. 4. Direct labor budget. 5. Factory overhead budget. 6. Selling expense budget. 7. General and administrative expense budget. 8. Schedule of cash receipts. 9. Schedule of cash payments for direct materials.. 10. Cash budget. 11. Budgeted income statement for entire second quarter (not monthly). 12. Budgeted balance sheet at June 30 . Complete this question by entering your answers in the tabs below. Direct materials budget. Noter Round per unit values to 2 decimal places. 1. Sales budiget. 2. Production budoet 3. Direct materials budget. 4. Oirect labor budget. 5. Factory overhead budget. 6. Selting expense budget 7. General and administrative expense budget. 8. Schedule of cash receipts. 9. Schedule of cash poryments for direct materials. 10. Cash budget. 11. Budgeted income statement for entire second quarter (not monthly). 12. Eudgeted balance sheet at June 30 . Complete this question by entering your answers in the tabs below. Direct tabor budget. Note: Round per unir values to 2 decimal places 1. Seles budget 2. Production budoet. 3. Direct materials budget. 4. Direct labor budget 5. Foctory overhead budget. 6. Seling experise budget. 7. General and administrative expense budget. 8. Schedule of cash receipts. 9. Schedule of cash payments for direct materials. 10. Cash budget. 11. Budgeted Income statement for entire second quarter (not monthly). 12. Budgeted balance sheet at June 30. Complete this question by entering your answers in the tabs below. Factocy overiead budget. Note: Round variable overtead rate values to 2 decimal places. 1.Ssles budget 2. Production budoet 3. Oicet materuls boident 4. Dinest isbor budget. 5. Factory overtheod buoget 6. Soting expense budget 7. Gencral and edrinistrabve expente budget. 8. Schedule of cash receipts. 9. Schedule of cash phyments fice esect materials 10. Corh budect 11. Budgeted income statemient for entie second quarter kot monthly) 12 Budgeted balance sheet at June 30 Complete this questien by entering your answers in the tabs below. Seblep ensense budget. 1. Sales budget. 2. Production budget. 3. Direct materials budget. 4. Direct labor budget 5. Factory overhead budget 6. Selling expense budget. 7. General and administrative expense budget. 8. Schedule of cash receipts. 9. Schedule of cash payments for direct materials. 10. Cash budget. 11. Budgeted income statement for entire second quarter (not monthly). 12. Budgeted balance sheet at June 30 Complete this question by entering your answers in the tabs below. General and administrative expense budget. Complete this question by entering vour answers in the tabs below. 8. Schedule of cash receipts 9. Schedule of cash payment: for direct materials. 10. Cach buidnet. Notes Negative bolances and Loan reparment amounts (if any) should be indicated with minus sign. Enter so when applicable. Do not leave cells blank: Reg 7 Req 11 Complete this question by entering your answers in the tabs below. Budgeted income statement for entire second quarter (not monthly). Note: Round your final answers to the nearest whole dollar. Complete this question by entering your answers in the tobs below. Budgeted balance sheet at June 30 . Note: Roind your final answers to the nearest whole dollar