Doby Lid. seeks your assistance in developing budget information for the months of September and October, 2022. On August 31, 2022 the company will have: Cash of $11,500; HL Accounts Receivable of $980,100; Direct material inventory of $45,387 (11,070 kilograms)- B. MAs. AM are Finished goods inventory of $156,000 (7,800 units); and Accounts Payable of $67,527. The budget for September and October are based on the following assumptions. Sales Sales are on account and are collected 10%% in the month of sale and the remainder in the following month. /Production: The company wishes to produce enough units to meet monthly sales needs plus have an ending inventory equal to 20% of the next month's sales needs. Direct materials: Each unit of product requires 1.5 kilograms of direct material. The direct material costs $4.10 per kg. The company purchases enough direct material to meet current month production needs plus 10%% of the next month's production needs. Seventy percent (70%) of direct material purchases are paid for in the month of purchase and the rest are paid for in the following month. Manufacturing overhead: Manufacturing overhead is budgeted at $120,000 per month. Included in the budgeted overhead is $9,000 for depreciation on factory equipment and $3,000 for property taxes. Property taxes are paid for once a year when invoiced by the city in November. All other cash-related manufacturing overhead is paid for as incurred. PRODUCTION BUDGET Sales - actual and projected: Dollars S August $1,089,000 36,300 September $1,170,00q 39,000 Told need dyivo October '$1,125,000 37,500 November $1,035,000 34,500L. C. Compute the budgeted cash payments to material vendors in September. L Computertia U to vendon for upto ber September 30% of month of August 83736 701 of month of Sept. 207544 05 Coach payment to creditors in September 301380 05