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The focts for this problem are presented on the Facts tab of this workbook instructions - Your solutions should be clearly labeled on the Solveions tab of this workbook. For the first quarter of 2022 , do the following (a) Prepare a sales budget. This is similor to ifiustrotion 223 in your teatbook. (b) Preparea production budget. This is yimilar to Mustration 22.5 in your textbook (c) Presare a direct materials budget. (Round to nearest dollar) This is similar to ilfustrotion 22.9 in your textbook. (d) Preparea direct labor budget. (For caltulations, found to the neareit hour.) This is simiiar to sifustration 22-11 in rour tertbook. (e) Presare a manufacturing overhead budget. (Round intermediate amounts to the nearest dollar.) This is similar to Mustration 22.12 in your textbook. If Preparea selling and administrative budget. This is similar fo mivestation 22-11 in your fextbook. \{e] Prepare a budgeted income statement. (Round intermediate calculations to the nearest doli ar. This is similar to iilustration 2215 in your tertbook. (h) Preparea cath budget. This is similar fo mustration 22-19 in your featbook. You will need to prepare schedules for expected collections from customers and expected payments to vendors first. See lifustrations 22.17 and 2218 in your tentbook for guidonce. Fules: Points are fost for not following these rules. "Use Exce'r functionality to your benefit. Use formulas. "Useproper formats for sehedules, following the referented testbcok eameles 0ntuding titief + Use correct number formats ($,%, general) and underscoring where appeopriate. "Doubiecheck your avorkt Verifr yout formulas and logiel 'qe: The focts for this problem are presented on the Facts tab of this workbook instructions - Your solutions should be clearly labeled on the Solveions tab of this workbook. For the first quarter of 2022 , do the following (a) Prepare a sales budget. This is similor to ifiustrotion 223 in your teatbook. (b) Preparea production budget. This is yimilar to Mustration 22.5 in your textbook (c) Presare a direct materials budget. (Round to nearest dollar) This is similar to ilfustrotion 22.9 in your textbook. (d) Preparea direct labor budget. (For caltulations, found to the neareit hour.) This is simiiar to sifustration 22-11 in rour tertbook. (e) Presare a manufacturing overhead budget. (Round intermediate amounts to the nearest dollar.) This is similar to Mustration 22.12 in your textbook. If Preparea selling and administrative budget. This is similar fo mivestation 22-11 in your fextbook. \{e] Prepare a budgeted income statement. (Round intermediate calculations to the nearest doli ar. This is similar to iilustration 2215 in your tertbook. (h) Preparea cath budget. This is similar fo mustration 22-19 in your featbook. You will need to prepare schedules for expected collections from customers and expected payments to vendors first. See lifustrations 22.17 and 2218 in your tentbook for guidonce. Fules: Points are fost for not following these rules. "Use Exce'r functionality to your benefit. Use formulas. "Useproper formats for sehedules, following the referented testbcok eameles 0ntuding titief + Use correct number formats ($,%, general) and underscoring where appeopriate. "Doubiecheck your avorkt Verifr yout formulas and logiel 'qe