Based on the preceding projections and budget requirements for Thingone and​ Thingtwo, prepare the following budgets for ​:
1.
Revenues budget​ (in dollars)
2.
What questions might the CEO ask the marketing manager when reviewing the revenues​ budget? Explain briefly.
3.
Production budget​ (in units)
4.
Direct material purchases budget​ (in quantities)
5.
Direct material purchases budget​ (in dollars)
6.
Direct manufacturing labor budget​ (in dollars)
7.
Budgeted​ finished-goods inventory at December​ 31, ​(in dollars)
8.
What questions might the CEO ask the production manager when reviewing the​ production, direct​ materials, and direct manufacturing labor​ budgets?
9.
How does preparing a budget help ​Corporation's top management better manage the​ company?