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Required ( completed on the Calculations tab ) : What are the budgeted sales for July? What are the expected cash collections for July? What

Required (completed on the "Calculations" tab):
What are the budgeted sales for July?
What are the expected cash collections for July?
What is the accounts receivable balance at the end of July?
According to the production budget, how many units should be produced in July?
If 61,000 pounds of raw materials are needed to meet production in August, how
many pounds of raw materials should be purchased in July?
What is the estimated cost of raw materials purchases for July?
In July what are the total estimated cash disbursement for raw materials purchases?
Assume the cost of raw materials purchases in June is $88,880.
What is the estimated accounts payable balance at the end of July?
What is the estimated raw materials inventory balance at the end of July?
What is the total estimated direct labor cost for July?
manufacturing overhead is $10 per direct labor-hour, what is the estimated unit
product cost?
What is the estimated finished goods inventory balance at the end of July?
What is the estimated cost of goods sold and gross margin for July?
What is the estimated total selling and administrative expense for July?
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