Oakley Wholesale Hardware and Supplies $($OWHS$)$ sells tools, lumber, and other remodeling supplies to commercial contractors. The company controller is compiling cash and other budget information for July, August, and September. On June $30,$ the company had inventories of $$490,000.$

OWHS sells a wide variety of products, but for budgeting and inventory planning purposes, the company has developed a standard "unit" of inventory that reflects roughly the mix and purchase costs of the items found in inventory and expected sales volume. The inventory value of $$490,000$ reported above is based on these inventory units. Each inventory unit is assumed to have a purchase price from vendors $($for planning purposes$)$ of $$35.$ This number is not expected to change in the next three months.

The budget is to be based on the following assumptions:

Each month$$s sales are billed on the last day of the month.

Customers are allowed a $5$ percent discount if payment is made within $10$ days after the billing date. Receivables are recorded in the accounts at their gross amounts $($not net of discounts$).$

The billings are collected as follows: $75$ percent within the discount period, $15$ percent by the end of the month, and $8$ percent by the end of the following month. Two percent is uncollectible.

Purchase data are as follows:

For both purchases of inventory merchandise and selling, general, and administrative expenses, $70$ percent is paid in the month purchased and the remainder in the following month.

The number of units in each month$$s ending inventory equals $90$ percent of the next month$$s units of sales.

Selling, general, and administrative expenses, of which $$22,000$ is depreciation, equal $20$ percent of the current month$$s sales.

Actual and projected sales follow:

Dollars Units

May $ $689,40021,900$

June $705,00022,300$

July $694,20022,100$

August $663,80021,300$

September $698,00022,200$

October $709,40022,500$

Required:

Compute the budgeted inventory purchases in dollars for July.

Compute the budgeted inventory purchases in dollars for August.

Compute the budgeted cash collections during July.

Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar.

Compute the budgeted cash disbursements during August.

Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar.

Compute the budgeted number of units of inventory to be purchased during September.