Division N has decided to develop is budget based upon propected sales of $41,000$ lamps af $548\mathrm{.}00$ per lamp.

The company hes mquested that you prepare a master budget lor the year. This budget is lo be used for planning and control of eperations and should be composed of:

Production Budget

Materials Budget

Direct Labor fludget

Factory Ovethead Budpet

Selling and Adminiatrative Budget

Cont of Goods Sold Budget

Busgeted Income Statempert

Canh Budget

Noles for Budgeting:

The company mants ts maintais the same sumber of uniss in the begining and ending inventoses of wokthpsocess, and eledival pafs whle noreasing the imentoy of Lamp Kis to $575$ pleces and decresaing the friched goods by $20\%.$

Complete the following budgets

$1$ Prodection Butant

Planned Sales

Desirsd Ending levenitory of Finiahed Goods

Total Misended

Less: Beginning invertory

Total Prodaction

$(7\mathrm{.}01)$