Once Only Enterprise produces various fertilizers for commercial turf applications. The business is busy customer demand in order to continue its continuity in the summer months, cash management is carefully managed. Once Only's customers make late payments. This is when the demands are intense instability in receivables. However, in order to maintain the degree of business loan pays all invoices on time (in the month of which it occurs). This is the end of each month, after the 15th of the business.

means that it owes it to suppliers about half of its stock for goods received. Once Only Business

information on the cash budget for July and September is as follows.

The business has $25,000 in cash in early July.

Fertilizer sales are as in the table.

May June July August September

$125,000 $175,000 $250,000 $200,000 $300,000

The business's October budgeted sales are $250,000.

25% of the collections related to sales the month of the sale, the following month following the month when 50% of the sale was made, and 25%

two months after the sale is made.

The cost of the sold is 50% of the total sales for each month.

The business wants to keep 25% of its sales at the end of each month.

Direct labor costs $18,000 per month.

The overall manufacturing cost for the warehouse is $30,500 per month.

Rear office workers earn $27,500 a month.

Those requested: For each month;

a. Prepare the purchase budget.

b. Prepare the cash inflow budget.

c. Prepare the spending budget.

d. Prepare the cash budget.