Question $4$

XYZ Company has budgeted sales for the next six months

as follows:

$20\%$ of the company's sales are cash sales and $80\%$ of the

company's sales are made on account. On average, $21\%$ of

the sales on account are collected in the month of sale,

$44\%$ is collected in the month following sale, $19\%$ is

collected in the second month following sale, and the

remaining $16\%$ is collected three months after the month

of sale.

Calculate the budgeted accounts receivable balance at

August $31.$

Question $5$

Kasson Company has budgeted units to be produced for the

next five months as follows:

Kasson Company used the following information in creating

its master budget for the year:

Ending direct materials inventory for each month should be

equal to $140\%$ of the next month's production needs.

Each unit produced requires $3$ pounds of direct materials.

Direct materials are purchased for $$2\mathrm{.}50$ per pound.

Calculate the cost of direct materials budgeted to be

purchased in September.

need help on $4$ and $5$

thank you