a. The Marketing Department has estimated sales as follows for the remainder of the year in units August September 34,56 October 2008 November 48. December 24.50 11.00 11.5 The selling price of the beach umbrellas is $12 per unit b. Al sales are on account Based on past experience, sales are collected in the following pattern es in the month of sale 65% in the month following sale S uncollectible Sales for June towed $336 000 The company maintains finished goods inventores equal to 15% of the following month's sales. This requirement will be met at the end of June d. Each beach umbrella requires 4 feet of Gilden a material that is sometimes hard to acquire. Therefore, the company requires that the ending inventory of Gilden be equal to 50% of the following month's production needs. The inventory of Giden on hand at the beginning and end of the quarter will be 32,250 feet Geden costs $ 30 per foot One-half of a month's purchases of Gilden is paid for in the month of purchase the remainder spard for in the following month The accounts payable on July 1 for purchases of Gilden dung June will be $56120 Required: 1 Calculate the estimated sales, by month and in total for the third quarter 2. Calculate the expected cash collections, by month and in total for the third Game 3. Calculate the estimated Quanty of beach umbrellas that need to be produced in July August September and October 4 Calculate the quantity of Glenn feet that needs to be purchased by month and in total for the third Quarte 5. Calculate the cost of the raw materiale purchases by month and in total for the third quarter 6. Calculate the expected cash disbursements for raw material Gilden purchases, by month and in total for the there are Complete this question by entering your answers in the tabs below.