Mast Corporation seeks your assistance in developing cash and other budget information for May, June, and July. At April 30, the company had cash of $11,000, accounts receivable of $874,000, inventories of $618,800, and accounts payable of $266,110. The budget is to be based on the following assumptions.

• Each months sales are billed on the last day of the month.
• Customers are allowed a 2 percent discount if payment is made within 10 days after the billing date. Receivables are recorded in the accounts at their gross amounts (not net of discounts).
• The billings are collected as follows: 70 percent within the discount period, 15 percent by the end of the month, and 12 percent by the end of the following month. Three percent is uncollectible.

Purchase data are as follows.

• Of all purchases of merchandise and selling, general, and administrative expenses, 60 percent is paid in the month purchased and the remainder in the following month.
• The number of units in each months ending inventory equals 120 percent of the next months units of sales.
• The cost of each unit of inventory is $10.
• Selling, general, and administrative expenses, of which $4,000 is depreciation, equal 15 percent of the current months sales.
• Actual and projected sales follow:

	Dollars		Units
March	$	708,000	11,800
April		726,000	12,100
May		714,000	11,900
June		684,000	11,400
July		720,000	12,000
August		732,000	12,200

Required: a. Compute the budgeted purchases in dollars for May. b. Compute the budgeted purchases in dollars for June. c. Compute the budgeted cash collections during May. d. Compute the budgeted cash disbursements during June. e. Compute the budgeted number of units of inventory to be purchased during July.