Moore Company makes only $1$ product and it provided the following information for budgeting purposes:

a$.$ Budgeted unit sales for June$-$July$-$August$-$September, respectively, are: $8,400$;$10,000$;

$12,000$;$13,000$

b$.$ Sales price is $$70$ per unit.

c$.$ All sales are on credit. $40\%$ of sales amounts are collected in the month of sale and $60\%$ in the following month.

d$.$ Ending finished goods inventory equals $20\%$ of the next month's unit sales

e$.$ Ending raw materials inventory equals $10\%$ of the following month's raw materials production needs.

f$.$ Each finished good produced requires $5$ pounds of raw materials. Raw materials cost $$2$ per pound.

g$.$ Direct labor wage rate is $$15$ per hour. Each unit of finished goods produced requires two direct labor hours.

Use the above information to answer the following questions. Provide calculations in order to receive any partial credit.

What is the budgeted sales revenue for July? $(15$ points$)$

$2.$ What are expected cash collections for July? $(15$ points$)$