Dowson Company is creating components of its master budget for the year. Below is some information from the budget committee.

Selling price per unit $$37\mathrm{.}68$

Accounts receivable, beginning balance $$110,620$

Sales collected in the quarter sales are made $56\%$

Sales collected in the quarter after sales are made $44\%$

Desired ending finished goods inventory is $30\%$ of the budgeted unit sales of the next quarter

Finished goods inventory, beginning $13,035$ units

Raw materials required to produce one unit $24$ pounds

Desired ending inventory of raw materials is $10\%$ of the next quarter's production needs

Raw materials inventory, beginning $25,302$ pounds

Raw material costs $$0\mathrm{.}97$ per pound

All other expenses are paid the quarter they are incurred

Required:

Note: All amounts should be entered as positive values.

a$.$ Construct the sales budget for the current year.h$.$ Construct the schedule of expected cash payments.

$\backslash$table$[[,$Year $2$ Quarter$],[,1,2,3,4,,$Year$],[$Beginning balance accounts payable,$$,91,000,,,,$$$,91,000],[$First$-$quarter disbursements,,,,,$$,-],[$Second$-$quarter disbursements,,,,,Y$,],[$Third$-$quarter disbursements,,,,,$$,-],[$Fourth$-$quarter disbursements,,,,,$$,-],[$Total cash disbursements,,,,,$$,-]]$Dowson Company is creating components of its master budget for the year. Below is some information from the budget committee.

Selling price per unit $$37\mathrm{.}68$

Accounts receivable, beginning balance $$110,620$

Sales collected in the quarter sales are made $56\%$

Sales collected in the quarter after sales are made $44\%$

Desired ending finished goods imventory is $30\%$ of the budgeted unit sales of the next quarter

Finished goods inventory, beginning $13,035$ units

Rav materials required to produce one unit $24$ pounds

Desired ending imventory of raw materials is $10\%$ of the next quarter's production needs

Raw materials imentory, beginning $25,302$ pounds

Raw material costs $$0\mathrm{.}97$ per pound

All other expenses are paid the quarter they are incurred

Accounts payable for raw materials, beginning balance

Direct Labor Hours per unit

Direct Labor Rate per Hour

Variable Overhead per Unit

Foued Overhead per quarter

Variable Selling Expense per unit sold

Foued Selling expense per quarter

Required:

Note: All amounts should be entered as positive values.

a$.$ Construct the sales budget for the current year.

h$.$ Construct the schedule of expected cash payments.