Question: Instructions 1. Use the given information to create a Given Data Worksheet in the provided Master Budget Excel file. 2. For the first quarter

Instructions 1. Use the given information to create a Given Data Worksheet in the provided Master Budget Excel file. 2. For the first quarter of 2024 prepare the following budgets or schedules using the appropriate supplied worksheet. a. Prepare a sales budget. b. Prepare a schedule of cash collections from customers (round totals to nearest dollar). d. Prepare a direct materials budget (round to nearest dollar). c. Prepare a production budget. e. f. Prepare a schedule of cash disbursement for inventory purchases. (round totals to nearest dollar). Prepare a direct labor budget (For calculations, round to the nearest hour.) 8. Prepare a manufacturing overhead budget. (round amounts to the nearest dollar. h. Prepare a selling and administrative budget.

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