Milo Company manufactures beach umbrellas. The company is preparing budgets for the third quarter and assembled the following information:

a$.$ The Marketing Department estimated unit sales as follows for the remainder of the year:

$\backslash$table$[[$July$,34,500,$October,$24,500],[$August$,79,000,$November,$11,000],[$September$,48,000,$December,$11,500]]$

The selling price of the beach umbrellas is $$12$ per unit

b$.$ All sales are on account Based on past experience, sales are collected in the following pattern:

$30\%$ in the month of sale

$65\%$ in the month following sale

$5\%$ uncollectible

Sales for June totaled $$336,000.$

c$.$ The company maintains finished goods inventories equal to $15\%$ of the following month's sales. This requirement will be met at the end of June.

d$.$ Each beach umbrella requires $4$ feet of Gilden, a material that is sometimes hard to acquire. Therefore, the company requires ending inventory of Gilden equal to $50\%$ of the following month's production needs. The inventory of Gilden on hand at the beginning and end of the quarter will be:

June $30$

September $30,82,350$ feet

$?$ feet

Prex

$1$ of $3$

Next