Below are Actual and Budgeted sales figures: Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. R45 000 R24 000 R57 000 R38 000 R75 000 R41 000 R68 000 R73 000 R30 000 60% credit 65% credit 40% cash 75% cash 55% cash 70% credit 40% credit 60% credit 50% credit On the 1 July 2018 there was a bank balance of R60 700. Debtors payment is follows: 40% in month of sale, 50% in first month after the month of sale and 10% in second month after the month of sale. Details July 2018 August 2018 Commission Income R14 000 R11 000 Depreciation on equipment - R8 000 Labour Costs R33 000 R29 000 Raw Material R26 400 R28 100 Manufacturing Overheads R7 000 R5 500 Non-Manufacturing Overheads R4 800 R6 100 Expenses are paid for in cash. Financial year-end is 31 August 2018. Required: Sales budget for the months of 30 June 2018 to 31 August 2018.

Prepare the Cash budget for the months of 31 July 2018 to 31 August 2018.