months of operations: Credit sales are collected: 30% in the month of the sale 70% in the following month Raw materials purchases are paid: 20% in the month of purchase 80% in the following month The ending finished goods inventory should equal 20% of the following month's sales. The ending row materials imentory whould equal 20% of the following month's raw materials production needs. Required: a. What are the budgeted sales for August? b. What are the expected cash collections for August? c. According to the production budget, how many units should be produced in August? d. If 36,240 pounds of raw materials are needed for production in September, how many pounds of raw materiais should be purchased in August? e. What is the estimated cost of raw materials purchases for August? f. If the cost of raw material purchases in July is $103,608, then in August what are the total estimated cash disbursements far raw materials purchases? g. What is the total estimated direct labor cost for August assuming the direct labor workforce is adjusted to match the hours requies to produce the forecasted number of units produced? complete this question by entering your answers in the tabs below. months of operations: Credit sales are collected: 30% in the month of the sale 70% in the following month Raw materials purchases are paid: 20% in the month of purchase 80% in the following month The ending finished goods inventory should equal 20% of the following month's sales. The ending row materials imentory whould equal 20% of the following month's raw materials production needs. Required: a. What are the budgeted sales for August? b. What are the expected cash collections for August? c. According to the production budget, how many units should be produced in August? d. If 36,240 pounds of raw materials are needed for production in September, how many pounds of raw materiais should be purchased in August? e. What is the estimated cost of raw materials purchases for August? f. If the cost of raw material purchases in July is $103,608, then in August what are the total estimated cash disbursements far raw materials purchases? g. What is the total estimated direct labor cost for August assuming the direct labor workforce is adjusted to match the hours requies to produce the forecasted number of units produced? complete this question by entering your answers in the tabs below