Hile Company manufa ctures beach unbrellas. The company is now preparing derailed budgers for the third quarter and has assembled the following intormstion to assist in the budget preperotion: Q. The Msrkeling Depostiment has estimated soles as fol ows for the remainder of the year (In units) The sating price of the besth umbellas is $10 per unin. 5 ales in June were 44,000 units. b. All sales are on sccount On the basis of past experience sales are collectedin the following panem: c. The company maintains finistied goods inventorles eq La to lis of thefolowigg month's sa es. Ihis requirement wili be met at the end di June chinand at the teginning and end of the quarter whll be af fallowis turter 3s 12 in, 200Fetrem fientinterer in: ? metreft e. Gilden costs $080 per metre. Onehall a marrh's purchases of Gilden are paid for in the month of purchase: the remainder are paid ior in the following month. The accourts paysble on Juy 1for purchases of Giden duning June will be \$95,000. Required: 1. Prepore s ss les buxget, by morth and in total. for the third qusne. Also, prepare a schedule of expected cash calleciors. by manth and in iaral, for the third quarter. 2. Prepare o producion budget for each of the morths July 10 Oat ober. 3. Prepare matenals purchases budget fo Glden by monh und in iatal for he thilc custet Also prepgre a sathedue of expected cash pyments'a Gilden by meriti and intcol. for the ihird quanet