Page 1: 1 2 3 - > Question 26 (7 points) ACME Corporation produces scarves for all occasions in a variety of designer colours. 2022 Master budget data is as follows: 2 Quarter 4 5 6 Sales (units) Unit Price $100 15,000 18,000 $100 1 (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) 21,000 24,000 3 4 Total 78,000 $100 $100 7 a > > > 8 9 Production (units) 18,000 21,600 25,200 28,800 93,600 Raw material required per unit (yards) 1.5 1.5 1.5 1.5 10 < => 11 12 Raw material price per yard $20 $20 $20 $20 < Direct labour hours per unit 2 2 2 2 15 13 14 #1 Direct labour rate $20 $20 $20 $20 15 1 Manufacturing overhead allocations per unit $10 $10 $10 $10 $780,000 16 17 18 19 20 21 1 21 21 Selling, general and administrative expenses $195,000 $195,000 $195,000 $195,000 Required: For the Third (3rd) quarter of 2022 a) Calculate ACME Corporation's cost of goods sold - please show your calculations. (3 marks) b) Prepare ACME Corporation's budgeted multi-step income statement; ignore interest and taxes. (4 marks) A template for your answer is provided below. Paragraph B U A + ...