Meredith Company has budgeted sales for the upcoming months as follows: April $ 460, 000 May $ 466,000 June $ 496,000 July $ 516, 000 August $ 509,000 September $ 480,060 30% of the sales are credit sales, the remainder are made in cash. Credit sales are collected 45% in the month of sale, 35% in the month following the sale, and 7% in the second month following the sale. a. Compute Meredith Company's cash receipts for June. (Do not round intermediate calculations.) Cash Receipts b. Compute Meredith Company's cash receipts for July. (Do not round intermediate calculations.) Cash Receipts c. Compute Meredith Company's cash receipts for August. (Do not round intermediate calculations.) Cash ReceiptsBlossom, Inc. prepared the following master budget items for July: Production and sales 40, 000 units Variable manufacturing costs: Direct materials $ 40, 090 Direct labor $104, 000 Variable manufacturing overhead $100, 000 Fixed manufacturing costs $120, 000 Total manufacturing costs $364, 000 During July, Blossom actually sold 46,000 units. Prepare a flexible budget for Blossom based on actual sales. (Do not round your intermediate calculations.) Production and Sales units Variable Manufacturing Costs: Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Costs Total Manufacturing Costs