Jackbox Industries manufactures and sells children's toys throughout North America. Recently they have seen great success...

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Jackbox Industries manufactures and sells children's toys throughout North America. Recently they have seen great success with their products reaching all time highs for sales. While the owner of Jackbox is content with the increase, he wonders whether or not it is sustainable and wants to know what would happen for the following year based on the his new projections. He has asked us to prepare some preliminary budgets for the quarters of 2024 for Jackbox based on the following data: The quarterly sales in FY2024 and beyond is expected to increase by 10,000 units per quarter over and above the Q4 2023 results which sits at 90,000 units. The sales price is expected to remain consistent at $20 each for the first three quarters of 2024 until increasing by 10% for the final quarter. Cash collections typically sit at 40% while credit sales make up the remainder. The production time for inventory is pretty fast and as a result, Jackbox does not require significant inventory on hand to meet production levels. Typically Jackbox looks for 10% of the next quarter sales to be on hand for the end of the quarter. As such, the ending balance of inventory for 2023 is expected to be 10,000 units. Each unit requires 2 KG of material to produce and 0.25 hours to produce. The standard rate for materials is $3 per kg and $22 per hour and the materials are purchased as needed, with beginning and ending inventory only being 2,000kg each quarter. 9.1 Prepare the sales budget for Jackbox 9.2 Prepare the production budget for Jackbox 9.3 Prepare the DM budget for Jackbox 9.4 Prepare the DL budget for Jackbox Jackbox Industries manufactures and sells children's toys throughout North America. Recently they have seen great success with their products reaching all time highs for sales. While the owner of Jackbox is content with the increase, he wonders whether or not it is sustainable and wants to know what would happen for the following year based on the his new projections. He has asked us to prepare some preliminary budgets for the quarters of 2024 for Jackbox based on the following data: The quarterly sales in FY2024 and beyond is expected to increase by 10,000 units per quarter over and above the Q4 2023 results which sits at 90,000 units. The sales price is expected to remain consistent at $20 each for the first three quarters of 2024 until increasing by 10% for the final quarter. Cash collections typically sit at 40% while credit sales make up the remainder. The production time for inventory is pretty fast and as a result, Jackbox does not require significant inventory on hand to meet production levels. Typically Jackbox looks for 10% of the next quarter sales to be on hand for the end of the quarter. As such, the ending balance of inventory for 2023 is expected to be 10,000 units. Each unit requires 2 KG of material to produce and 0.25 hours to produce. The standard rate for materials is $3 per kg and $22 per hour and the materials are purchased as needed, with beginning and ending inventory only being 2,000kg each quarter. 9.1 Prepare the sales budget for Jackbox 9.2 Prepare the production budget for Jackbox 9.3 Prepare the DM budget for Jackbox 9.4 Prepare the DL budget for Jackbox