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please help! Milo Company manufactures beach umbrellas. The company is preparing detailed budgets for the third quarter and has assembled the following information to assist

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Milo Company manufactures beach umbrellas. The company is preparing detailed budgets for the third quarter and has assembled the following information to assist in the budget preparation: a. The Marketing Department has estimated sales as follows for the remainder of the year (in units) July August 72,080 November 7,580 September 41,008 December 31,000 October 21,000 8,009 The selling price of the beach umbrellas is $11 per unit. b. Al sales are on account. Based on past experience, sales are collected in the following pattern: 30% in the month of sale 65% in the month following sale 5% uncollectible Sales for June totaled $231,000 c The company maintains finished goods inventories equal to 15% of the following month's sales. This requirement will be met at the

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