Foundation Data for Solving questions 1, 2 and 3: Budgeted Direct Materials Cost Per UNIT $ 15.00 Budgeted Direct Manufacturing Labor Per UNIT 10.00 Budgeted Manufacturing Overhead Per UNIT 5.00 IN ADDITION TO ABOVE USE THE FOLLOWING: This is Next Year's Budgeted Data for XYZ Budgeted Sales Price Per UNIT 20.00 Budgeted Sales - UNITS 20,808 Units Target Ending Finished Goods Inventory in UNITS 8,308 Units Target Beginning Finished Goods Inventory in UNITS 7,658 Units Target Ending Direct Materials Inventory in UNITS 14,308 Units Target Beginning Direct Materials Inventory in UNITS 12,308 Units Note: It takes one unit of direct materials to make one production unit. WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT: 1) How many units should be produced next year? Record your answer, usingtexcel formulas, here 2) What is the dollar amount budgeted for direct material purchased for next year? Record your answer, using texcel formulas, here 3) What is the Budgeted Revenues for next year. Record your answer, using texcel formulas, here