ABE B Udbe X X A...A Ablebele AaBbce Abcdli Aabblico Nising hing Normal d) Each beach umbrella requires one metre of waterproof cotton, a fabric that is sometimes difficult to obtain. The company therefore requires that the cotton stock available at the end of each month be equal to 50% of the production needs for the following month. The cotton available at the beginning and end of the quarter will be as follows: June 30: 18,000 meters September 30: 2 meters. e) Cotton costs $3.20 per meter. The company pays half of the monthly cotton purchases in the month of purchase; the other half is paid the following month. Accounts payable as of July 1 for June cotton purchases will be $76,000 A) Prepare the quarterly and monthly sales budget in units and dollars for the third quarter. B) Also present the third quarter cash flow statement by month and for the quarter. C) Prepare the monthly production budget for the period from July to October. D) Present the monthly and quarterly budget for cotton material purchases. E) Present the table of planned cotton disbursements, by month and quarter, for the third quarter. Page 1 Enghada Du DO 80