Bombs Away Video Games Corporation has forecasted the following monthly sales: $95,000 88,000 20,000 20,000 15,000 30,000 July August September October November December January February March $ 40,000 40,000 50,000 80,000 100,000 118,000 April May June Total Sales = $696,000 Bombs Away Video Games sells the popular Strafe and Capture video game cartridge. It sells for S5 per unit and costs $2 per unit to produce. A level production policy is followed. each month's production is equal to annual sales (in units) divided by 12. of each month's sales, 30% are for cash and 70% are on account. All accounts receivable are collected in the month after the sale is made. (a) Construct a monthly production and inventory schedule in units. Beginning inventory in January is 20,000 units. (Note: to do part "a", you should work in terms of units of production and units of sales.) (b) Prepare a monthly schedule of cash receipts. Sales in December before the planning year are $100,000. Work part (b) using dollars. (c) Determine a cash payment schedule for January through December. The production costs of $2 per unit are paid for in the month in which they occur. Other cash paynents, besides those for production costs, are $40,000 per month. (d) Prepare a monthly cash budget for January through December using the cash receipts schedule from part (b) and the cash payments schedule from part (c). The beginning cash balance is $5,000, which is also the minimum desired