This is question #3. I need the answers showing step by step everything and as clear and concise on the whole thing and what the final answer is for each one is. I'll need to put this on a Word Document, so please make sure it fits the criteria so I can put all the steps and the solution onto a Word Document. Please do it as fast as you can, and would greatly appreciate it. Thank you so much, Yaakov V. 3). 18% A) 5% - For the year 2020, P marketing managers project quarterly sales of 100,000 product A and 50,000 per quarter of product B. Average selling prices are estimated at $8.00 per product A and $6.00 per product B. Sales are collected 60% in the quarter of sale and 40% the quarter after sale. Prepare a revenue budget for the year ending December 31,2020. B) 5% - P begins 2020 with 80,000 of A in inventory. The vice president of operations requests that ending inventory on December 31, 2020 of product A be no less than 60,000 units. Based on sales projections of 100,000units, prepare a production budget for product A in 2020? C) 8% - Assume Production of finished goods from the production budget for quarters one and two are 2000 and 3000 finished goods respectively. Each finished good requires 2 pounds of materials. The firm has a materials desired ending inventory for each quarter equal to 30% of next periods material need per the production budget. The materials on hand at the beginning of quarter one is 3000 pounds. Prepare a materials purchase budget in pounds for the first quarter