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prepare the following budgets and schedules for the fiscal quarter ending July 31, 2024 (the quarter covers the three-month period from May to July).

prepare the following budgets and schedules for the fiscal quarter ending July 31, 2024 (the quarter covers the three-month period from May to July). a. A sales budget, by month and in total for the quarter. (10 points) b. A schedule of expected cash collections, by month and in total for the quarter. Please also show the ending balances of accounts receivable. (10 points) c. A production budget in units. Show the budget by month and in total for the quarter. (10 points) d. A direct materials budget in pounds and in dollars. Show the budget by month and in total for the quarter. Assuming that the required production for August is 147,600 units. (10 points) e. A schedule of expected cash disbursements for raw materials purchases, by month and in total for the quarter. Please also show the ending balances of accounts payable. (10 points) f. A cash budget, assuming the beginning balance of cash on May 1, 2024, is $300,000, by month and in total and for the quarter. (15 points) g. A budgeted income statement for the three-month period ending July 31, 2024 (by month and in total for the quarter). Use the traditional approach. Please note that interest expense is a line item below net operating income, i.e., net operating income - interest expense = net income. (15 points)

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