Budgeted selling price per unit Budgeted unit sales (all on credit): $85 July August 9,400 11,700 September 10,300 October 11,200 Raw materials requirement per unit of output Raw materials cost Direct labor requirement per unit of output Direct labor wage rate pounds per pound 2.1 direct labor-hours $25.00 per direct labor-hour $2.00 Credit sales are collected: 30% in the month of the sale 70% in the following month Raw materials purchases are paid: 20% in the month of purchase 80% in the following month The ending finished goods inventory should equal 20% of the following month's sales. The ending raw materials inventory should equal 20% of the following month's raw materials production needs. Required a. What are the budgeted sales dollars for August? b. What are the expected cash collections for August? c. According to the production budget, how many units should be produced in August? d. If 20,960 pounds of raw materials are needed for production in September, how many pounds of raw materials should be purchased in August? e. What is the estimated cost of raw materials purchases for August? f. If the cost of raw material purchases in July is $40,688, then in August what are the total estimated cash disbursements for raw materials purchases? g. What is the total estimated direct labor cost for August assuming the direct labor workforce is adjusted to match the hours required to produce the forecasted number of units produced