1. Water solutions sells garden hoses in their retail outlets for $30. Using the following information calculate the expected dollar value of the opening inventory. (round to the nearest dollar) Budgeted unit sales Expected closing inventory units 57 Budgeted Purchases Budgeted Purchase Price $ 18 units 292 units 221 Curtain Magic Pty Ltd sells curtains and blinds. The accountant for Curtain Magic Pty Ltd is currently preparing a cash budget for the month of December 2018. The following information is relevant 2. Total budgeted sales November 2018 $ 284,78:2 Total budgeted sales December 2018264.019 90% of Curtain Magic Pty Ltd's sales are credit sales and it expects to collect all accounts receivable in the month following the related sale On the basis of the information provided, calculate Curtain Magic Pty Ltd's total budgeted cash collections for December 2018(rounded to the nearest dollar) 3. Purple Hats Pty Ltd has provided you with the following information and asked you to calculate the budgeted cost of goods sold for 2018 (rounded to the nearest dollar) Budgeted opening inventory 2018 $34,634 Desired ending inventory 2018 27.730 Budgeted purchases 2018 $-132,377