1. expected cash collections during August. 2. expected cash disbursements during August. 3. expected cash balance on August 31st.

month period ending September 30 2Independent of your answer to requirement (1), assume the company plans to produce 600,000 units of finished product in the three-month period ending September 30, and to have raw-material inventory on hand at the end of the three-month period equal to 25 percent of the use in that period. Compute the total estimated cost of raw-material purchases for the entire three-month period ending September 30. CMA, 8dapted Exercise 9-26 Cash Budgeting (LO 9-3, 9-5) The following information is from Tejas WindowTint's financial records. Month Sales Purchases April $72,000 $42,000 May 66,000 48,000 June 60,000 36,000 July 78,000 54,000 Collections from customers are normally 70 percent in the month of sale, 20 percent in the month following the sale, and 9 percent in the second month following the sale. The balance is expected to be uncollectible. All purchases are on account. Management takes full advantage of the 2 percent discount allowed on purchases paid for by the tenth of the following month. Purchases for August $60,000, and sales for August to be $14,400 for the month of August. The company's cash balance on August 1 was $22,000. budgeted at expected are are forecasted at $66,000. Cash disbursements for expenses are