Morganton Company makes one product and it provided the following information to help prepare the master budget:

$-$ The budgeted selling price per unit is $$70.$ Budgeted unit sales for June, July, August, and September are $8,800,19,000,21,000,$ and $22,000$ units, respectively. All sales are on credit.

$-$ Thirty percent of credit sales are collected in the month of the sale and $70\%$ in the following month.

$-$ The ending finished goods inventory equals $20\%$ of the following month$$s unit sales.

$-$ The ending raw materials inventory equals $10\%$ of the following month$$s raw materials production needs. Each unit of finished goods requires $5$ pounds of raw materials. The raw materials cost $$2\mathrm{.}40$ per pound.

$-$ Twenty five percent of raw materials purchases are paid for in the month of purchase and $75\%$ in the following month.

$-$ The direct labor wage rate is $$12$ per hour. Each unit of finished goods requires two direct labor$-$hours.

$-$ The variable selling and administrative expense per unit sold is $$2\mathrm{.}00.$ The fixed selling and administrative expense per month is $$69,000.$

Q$1-$ In July what are the total estimated cash disbursements for raw materials purchases? Assume the cost of raw material purchases in June is $$140,352$; and $$106,000$ pounds of raw materials are needed to meet production in August.

Q$2-$ If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $$10$ per direct labor$-$hour, what is the estimated finished goods inventory balance at the end of July?