QUESTION 6 Prepare a properlludget Report for TOM & JERRY INC., for the 1-Half of Fiscal Year 2016 using the following key financial information provided below (al amounts in Uss): Step 1) mai Starting from January 2016 through June 2016 Step 2) Your total budgeted Revenue should be US$ 8,800,000, spread evenly across the months Step 3) mare Your total budgeted costot Sales should be US$ 4,400,000, spread evenly across the months Step 4) mars What is your total Gross Profit? Step 5 Break your budgeted Operating Expenses into the following cost structures components: Salaries & Wiger 15% of Gross Profit Rentals of Gross Prot) Travel Experts of Grou Probit) Internet Cost of Sales Genta Ponion of Revenue Step 6 to 11) Step 6) What is your budgeted Total Sales & Wages? Twerk Step 7What is your budget Total Regt & Une Step 8) Who is your budgeted Total Travel Expenses? Step 9) What is your budgeted Total insurance Step to What's your booted Total Generic Prodions? Step 12) 2 wak Fusuming there are budgeted deres perses interest income of 5990 sur ce dernie the Bidgeted total incense or For the toolbar pe ALT F10 PCSO ALTF16F10 M) BTV5 Paragraph 7 THE THE