part B soluthion??

C:/Users/soFTech/Dov A. You are given the following information related to ABC manufacturing company Month March April May June July Budgeted Sales $200,000 212,000 204,000 218,000 210,000 In addition, the gross profit rate is 40% and the desired inventory level is 30% of next month's cost of sales. Required: Prepare a purchases budget for April through June. B 1. Explain the concept of responsibility accounting and its relation with budgeting. 2. Explain how the choice of the type of responsibility center (cost, revenue, profit, or investment) affects behavior. 3. Discuss the concept of "budgetary slack