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 months 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 months ending inventory equals 90 percent of the next months units of sales.
• Selling, general, and administrative expenses, of which $22,000 is depreciation, equal 20 percent of the current months sales.
• Actual and projected sales follow:

	Dollars	Units
May	$ 689,400	21,900
June	705,000	22,300
July	694,200	22,100
August	663,800	21,300
September	698,000	22,200
October	709,400	22,500

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.

Required: a. Compute the budgeted Inventory purchases in dollars for July. b. Compute the budgeted inventory purchases in dollars for August. c. Compute the budgeted cash collections during July. Note: Do not round Intermedlate calculatlons. Round your flnal answer to nearest whole dollar. d. Compute the budgeted cash disbursements during August. Note: Do not round Intermedlate calculatlons. Round your final answer to nearest whole dollar. e. Compute the budgeted number of unlts of Inventory to be purchased during September