Phillips Perfume manufactures bottles of perfume to sell at local retailers. Emma would like your help preparing budgets and conducting analysis for the final quarter of the year. Complete Parts A through C independently. YOU ARE REQUIRED TO SHOW YOUR WORK! A. Using the information below, calculate Phillips Perfume's production budget for the month of October if the company sets aside 30% of next month's estimated sales in ending inventory. Sales (units) September 420 Sales November 350 October Production Budget: September $12,600 October 600 B. Phillips Perfume sells to all customers on account. The company collects 20% in the month of the sale and 80% in the month following the sale. Using the information below, calculate the total cash the company expects to collect in November and the projected balance in Accounts Receivable at December 31. October $18,000 November $10,500 December 710 November Cash Receipts: Projected December A/R Balance: December $21,300