Your TaskYou need to prepare and submit an excel spreadsheet which answers the questions below.Assessment DescriptionPrepare an excel spreadsheet to help satisfy Learning Outcome 2: Formulate budgets and construct acost-volume-profit analysis using practical scenarios.Assessment InstructionsSweden Ltd manufactures cabinets. You work in the accounting department and have been taskedwith preparing the Budget for the next month.Sweden makes two products:Premium cabinets – large cabinets with mirrorsDe Luxe cabinets – medium sized cabinets with an innovative shelving solution and mirrorsDirect manufacturing labour is 3 hours for the Premium cabinet and 5 hours for the De Luxe.The budgeted direct material usage for each product in 2020 is: