can you please answer and explain Question B and the as well the Cash Budget, please?

Thanks in advance! can you answer and explain

Direct Labor Labor requires 12 minutes per unit for completion and is paid at a rate of 59 per hour For the first quarter of 2022, prepare a production budget. Selling and Administrative Variable selling and administrative cost per unit is $1.60. Other Information The Cash balance on December 31, 2021, totaled $100,000, but management has decided it would like to maintain a cash balance of at least $700,000 beginning on January 31, 2022. Dividends are paid each month at the rate of $2.50 per share for 4,720 shares outstanding. The company has an open line of credit with Romney's Bank. The terms of the agreement requires borrowing to be in $1,000 increments at 9% interest. Waterways borrows on the first day of the month and repays on the last day of the month. A $540,000 equipment purchase is planned for February. (a) For the first quarter of 2022 , prepare a sales budget. Waterways Corporation is preparing its budget for the coming year, 2022. The first step is to plan for the first quarter of that coming year. The company has gathered infarma... anagers in preparation of the budgeting process. 3.24/20