List the schedules and briefly describe what should appear on each of them in the preparation of a manufacturing budget for a given period.(Hint: there should be four schedules. )

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Feedback: A manufacturing budget comprises the following four schedules:
(1)A production budget.This schedule,in units,considers the units of finished goods on hand at the beginning of the period,the number of units of the finished product to be sold during the period,desired finished goods inventory amounts and shows the number of units to be produced.
(2)A raw materials purchases budget.This schedule includes raw materials,parts,and components required to manufacture finished units.Stated first in units,it considers the units of raw materials,parts,and components on hand at the beginning of the period,the number of units to be manufactured during the period,the desired ending inventory of raw materials,parts,and components,and calculates the number of units to be purchased.Then the number of units to be purchased is multiplied by the cost per unit to find the budgeted cost of purchases for raw materials,parts,and components.
(3)A direct labor budget.This schedule determines the number of hours of direct labors needed and their costs.It calculates the total direct labor hour by multiplying the number of units to be produced and the labor hours required for each unit.Then the total hours are multiplied by the budgeted direct labor cost per hour to find the total direct labor cost.
(4)A factory overhead budget.This schedule uses the overhead base (or driver)to determine the total factory overhead and assign the budgeted overhead to units.

List the Schedules and Briefly Describe What Should Appear on Each