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Check the question shared as a picture 4-. Bledso Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze {in boxes} for upcoming months

Check the question shared as a picture

image text in transcribed 4-. Bledso Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze {in boxes} for upcoming months are as follows: June 35,000 July 40,000 August 50,000 September 33,000 cto her 30000 November 24,000 December 35,000 The selling price per unit of cotton gauge is 51.50. The historical collection pattern is 2056 of the monthly sales are on cash; 50% of the credit sales are collected in the month following sales, 4095 of the credit sales are collected in the second month following sales, the rest of the 10% of the credit sales are uncollectible. Management likes to maintain a nished goods inventory equal to 2595 of the next month's estimated sales. The company started the third quarter with 9.000 units of finished goods inventory. The sales revenue of May was $5,000. Iii-tome: a} Prepare sales budget for the third quarter including monthly soles budgets for the quarter. {10: b] Prepare schedule of expected cash collections forthe third quarter including monthly collections. [1m c] Prepare production budget for the third quarter including the mo nthty production budgets. {5]

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