4. According to the production budget, how many units should be produced in July? Foundational 8-2 (Algo) 2. What are the expected cash collections for July? 5. If 117,200 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July? 9. If 117,200 pounds of raw materials are needed to meet production in August, what is the estimated raw materials inventory balance at the end of July? Required: 1. What are the budgeted sales for July? 14. What is the estimated total selling and administrative expense for July? 7. In July what are the total estimated cash disbursements for raw materials purchases? Assume the cost of raw material purchases in June is $173,760; and $117,200 pounds of raw materials are needed to meet production in August. 10. What is the total estimated direct labor cost for July? 11. If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $9 per direct laborhour, what is the estimated unit product cost? (Round your answer to 2 decimal places.) 8. If 117,200 pounds of raw materials are needed to meet production in August, what is the estimated accounts payable balance at the end of July? 3. What is the accounts receivable balance at the end of July? 6. If 117,200 pounds of raw materials are needed to meet production in August, what is the estimated cost of raw materials purchases for July