1. Calculate the budgeted cash disbursements during the month of February.
2. Calculate the budgeted cash collection during the month of January
3. Calculated budgeted number of units of inventory to be purchased during the month of March

Whispering Winds State sells electronic products. The controller is responsible for preparing the master budget and has accumulated the information below for the months of January February, and March Balances at January 1 are expected to be as follows: $5,780 $324.900 Cash Accounts receivable Inventories Accounts payable 436,900 139,700 The budget is to be based on the following assumptions: 1 2 3. Each month's sales are billed on the last day of the month. Customers are allowed a 3% discount if their payment is made within 10 days after the billing date. Receivables are booked at gross The company collects 60% of the billings within the discount period, 25% by the end of the month after the date otsale, and 9% by the end of the second month after the date of sale: 6% prove uncollectible, It pays 54% of all materials purchases and the selling, general, and administrative expenses in the month purchased and the remainder in the following month. Each month's units of ending inventory are equal to 130% of the next month's units of sales The cost of each unit of inventory is $20. Selling general, and administrative expenses, of which $2,100 is for depreciation, are equal to 15% of the current month's 4. 5 6 sales 7 Actual and projected sales are as follows: Month Sales Units $372,000 12,400 November December January February 381,000 375,000 12,700 12,500 360.000 12,000 March 378,000 12,600 April 384,000 12,800