a) Prepare a sales budget(in dollars) and cash collections budget for July through September of this year.

b) Prepare a production budget (in units) for July through September

c) Prepare a direct materials purchase budget(in units) and cash disbursements budget for Carbon Fiber for July through September.

Please give the details how to get the answers. Thanks!

K&B Enterprises manufactures a high-tech raincoat for children. The following information has been assembled for next year's first quarter (i.e., Jul - Sep) budget preparation: 1. The sales price of a coat is $150 and unit sales estimates for the last half of this year are: July August 6,000 .. 5,000 3,000 1,000 2,000 December.000 October 1 November 2. All sales are on account. Based on experience, sales are collected in the following pattern: 30% in the month of sale, 65% in the month following sale, and any remaining amount is uncollectible. The ending gross receivable balance on June 30h is expected to be $500,000. Com pany management desires finished goods inventory to equal 40% of the next month's Sales at the end of each month. 3. Each kite requires ten feet of Carbon Fiber material. To prevent shortages, the company policy is to keep 25% of the next month's production requirements on hand at the end of each month. 4. B will pay for 50% of its purchases in the monthof purchase and the remainder inthe following month. The accounts payable balance for the Carbon Fiber purchases is anticipated to be $100,000 on July1t The Carbon Fiber costs $12 per foot. In order to improve its cash flows from last year, 5