Carmen Company sells jar candles. The sales forecast $($units$)$ for the coming months is:

April $210$

May $140$

June $150$

July $200$

August $160$

Each candle costs $$10.$ The ending inventory policy is $40\%$ of next month's sales needs. April $1$ inventory will be as expected

under the policy. Carmen pays for purchases $30\%$ in the month of purchase and $70\%$ the following month. Accounts payable

on April $1$ is $$2,460.$

Required:

a$.$ Prepare a purchases budget for the quarter ending June $30.$

Note: Deductible values must be indicated with a minus sign.a$.$ Prepare a purchases budget for the quarter ending June $30.$

Note: Deductible values must be indicated with a minus sign.

b$.$ Prepare a cash payments budget for the quarter ending June $30.$