Please see Accounting questions in word document attached.

(M8-18) Assume that you plan to open a soft ice cream franchise in a resort community during the summer months. Fixed operating costs for the three-month period are projected to be $5,650. Variable costs per serving include the cost of the ice cream and cone, $0.50, and a franchise fee payable to Austrian Ice, AG, $0.15. A market analysis prepared by Austrian Ice indicates that summer sales in the resort community should total 24,000 units. Determine the price you should charge for each ice cream cone to achieve a $20,000 profit for the three-month period. (E9-34) At the beginning of October, Company Cushion had 1,600 cushion and 7,740 pounds of raw materials on hand. Budgeted sales for the next three months are: Month October November December Sales 7,000 cushions 9,000 cushions 12,000 cushions Company Cushion wants to have sufficient raw materials on hand at the end of each month to meet 25 percent of the following month's production requirements and sufficient cushions on hand at the end of each month to meet 20 percent of the following month's budgeted sales. Three pounds of raw materials, at a standard cost of $0.80 per pound, are required to produce each cushion. a) Prepare a production budget for October and November. b) Prepare a purchases budget in units and dollars for October. (E9-31) Assume that Waycross Manufacturing manages its cash flow from its home office. Waycross controls cash disbursements by category and month. In setting its budget for the next six months, beginning in July, it used the following managerial guidelines: Category Purchases Payroll Loan payments Guidelines Pay half in current and half in following month. Pay 70 percent in current month and 30 percent in following month. Pay total amount due each month. Predicted activity for selected months follow: Category Purchases Payroll Loan Payments May $30,000 $100,000 $10,000 June $44,000 $110,000 $10,000 July $49,000 $120,000 $15,000 August $55,000 $100,000 $15,000 Prepare a schedule showing cash disbursements by account for July and August