Required:

Prepare a sales budget, by month and in total, for the third quarter. $($Show your budget in both units of water tubes and dollars.$)$ Also

prepare a schedule of expected cash collections, by month and in total, for the third quarter.

Prepare a production budget for each of the months July through October. Prepare a production budget for each of the months July through October. Prepare a direct materials purchases budget for synthetic rubber compound, by month and in total, for the third quarter. Also

prepare a schedule of expected cash disbursements for synthetic rubber compound, by month and in total, for the third quarter. Water Sport Inc. manufactures a small personal water tube used for children learning to swim. Management is now preparing detailed budgets for the third quarter, July through September, and has assembled the following information to assist