Problem 07-7AA Merchandising: Preparation and analysis of cash budgets with supporting inventory and purchases budgets LO P4 Aztec Company sells its product for $170 per unit. Its actual and budgeted sales follow. Units Dollars April (actual) 4,500 $ 765,000 May (actual) 2,600 442,000 June (budgeted) 4,500 765,000 July (budgeted) 3,500 764,000 August (budgeted) 4,100 697,000 All sales are on credit. Recent experience shows that 26% of credit sales is collected in the month of the sale, 44% in the month after the sale, 25% in the second month after the sale, and 5% proves to be uncollectible. The product's purchase price is $110 per unit. 60% of purchases made in a month is paid in that month and the other 40% is paid in the next month. The company has a policy to maintain an ending monthly inventory of 23% of the next month's unit sales plus a safety stock of 65 units. The April 30 and