Kingbird Enterprises' goal is to instill the joy of music in every school-aged child in its community. Its instrument of choice is the classic recorder. Music teachers embrace the purity and power of these classic woodwind instruments, which provide a sure stepping-stone to great musical endeavors. Kingbird's managers pulled together the following information to plan for its biggest sales month. - Budgeted sales volume is as follows: June 11,800 units, July 15,400, and August 13,000. - Budgeted selling price is $3/ unit. - Kingbird plans to have 15% of its next month's sales volume sitting in ending inventory; beginning inventory in July exactly met this policy, with those units held at a cost of $1.70/ unit (from prior purchases). - Budgeted purchase price of a recorder as of July 1 is $1.80/ unit. - Kingbird uses the FIFO assumption for inventory valuation. - Budgeted variable SG\&A cost is $0.25/ unit sold. - Budgeted monthly fixed SG\&A costs consist of the following: sales salaries of $3,000, advertising expense of $600, executive salaries of $4,500, depreciation on the facility of $2,300, administrative salaries of $2,600, and property taxes and insurance of $700. Your answer is correct. Prepare the sales forecast for Kingbird Enterprises for the month of July. Your answer is correct. Prepare the purchases budget for Kingbird Enterprises for the month of July. (Round purchase price per unit to 2 decimal places, e.g. 15.25.) Prepare the COGS budget for Kingbird Enterprises for the month of July