4. Borling Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $8.30 per unit. The budgeted fixed selling and administrative expense is $93,870 per month, which includes depreciation of $16,380. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 6,300 units are planned to be sold in July. Required: Prepare the selling and administrative expense budget for July. July Budgeted unit sales Variable selling and administrative expense per unit Budgeted variable expense Budgeted fixed selling and administrative expense Total budgeted selling and administrative expense Less depreciation Cash disbursements for selling and administrative expenses 5. Matuseski Corporation is preparing its cash budget for October. The budgeted beginning cash balance is $17,000. Budgeted cash receipts total $187,000 and budgeted cash disbursements total $177,000. The desired ending cash balance is $40,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Required: Prepare the company's cash budget for October in good form. Cash balance, beginning Add cash receipts Total cash available Less cash disbursements Excess (deficiency) of cash available over disbursements Borrowings Cash balance, ending