Babu Enterprise sells packaged baby foods for $70/unit and is preparing budget for the 1st quarter of 2020. His actual data of 2019 and budgeted data of 2020 include: Details . . . . . . . . . . . . Nov 2019 . . . Dec 2019 . . . Jan 2020 . . . Feb 2020 . . . Mar 2020 . . . Apr 2020 . . . May 2020 Sales in units . . . . . . . . . . 5400 . . . . . . 8300 . . . . . . 4900 . . . . . . 5200 . . . . . . . 6500 . . . . . . 5100 . . . . . . 6200 Owing to fall in demand selling price will be reduced by 10% in February. 50% of sales are cash sales and the remaining are credit sales. Credit sales are collected in the month following sales. Babu expects to keep an ending inventory level of 40% of the following months budgeted sales. Instructions: For the 1st quarter of 2020, prepare:

(A) Sales Budget

(B ) Expected Cash Collection Schedule

and (C) Production Budget for the 1st Quarter of 2020