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

$\backslash$table$[[$April$,220],[$May$,150],[$June$,170],[$July$,150],[$August$,200]]$

Each candle costs $$15.$ The ending inventory policy is $40\%$ of next month's sales needs. April $1$ inventory will be as expected under the policy. Carmen pays for purchases $30\%$ in the month of purchase and $70\%$ the following month. Accounts payable on April $1$ is $$2,440.$

Required:

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

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

$\backslash$table$[[\backslash$table$[[$Merchandise Purchases Budget $($Candles$)],[$For the Quarter Ending June $30]]],[,$April,May,June,Total$],[$Budgeted unit sales$],[$Plus: Ending inventory$],[$Less: Beginning inventory$],[$Budgeted purchases $($units$)],[$Cost of merchandise $($per unit$)],[$Total cost of merchandise purchases,,,,$]]$

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

$\backslash$table$[[\backslash$table$[[$Budgeted Cash Payments $($Candles$)],[$For the Quarter Ending June $30]]],[,$April,May,June,Total$],[$Budgeted merchandise purchases$],[$Cash paid month of purchase $(30\%)$