Soprano Co. is in the process of preparing the second quarter budget for 2019, and the following data have been assembled:

• The company sells a single product at a selling price of $41 per unit. The estimated sales volume for the next six months is as follows:

  March	6,000	units	June	8,100	units
  April	7,000	units	July	9,200	units
  May	10,100	units	August	6,100	units

• All sales are on account. The company's collection experience has been that 44% of a month's sales are collected in the month of sale, 52% are collected in the month following the sale, and 4% are uncollectible. It is expected that the net realizable value of accounts receivable (i.e., accounts receivable less allowance for uncollectible accounts) will be $127,920 on March 31, 2019.
• Management's policy is to maintain ending finished goods inventory each month at a level equal to 52% of the next month's budgeted sales. The finished goods inventory on March 31, 2019, is expected to be 3,640 units.
• To make one unit of finished product, 4 pounds of materials are required. Management's policy is to have enough materials on hand at the end of each month to equal 43% of the next month's estimated usage. The raw materials inventory is expected to be 14,813 pounds on March 31, 2019.
• The cost per pound of raw material is $4.00, and 72% of all purchases are paid for in the month of purchase; the remainder is paid in the following month. The accounts payable balance for raw material purchases is expected to be $33,240 on March 31, 2019.

Required: a. Prepare a sales budget in units and dollars, by month and in total, for the second quarter (April, May, and June) of 2019.

b. Prepare a schedule of cash collections from sales, by month and in total, for the second quarter of 2019.

c. Prepare a production budget in units, by month and in total, for the second quarter of 2019.

d. Prepare a materials purchases budget in pounds, by month and in total, for the second quarter of 2019. (Do not round intermediate calculations.)

e. Prepare a schedule of cash payments for materials, by month and in total, for the second quarter of 2019. (Do not round intermediate calculations.)

June April 7.000 Total 25,200 8,100 Expected sales in units Selling price per unit Total sales May 10,100 41 414,100 S 41 S S 41 S 41 S 287.000 332.100 1,033,200 April May June Total Cash collections from: March sales April sales May sales June sales Total cash collections s 0 S 0 S 0 S 0 April May June Total Beginning inventory of finished goods Units to be produced Goods available for sale Desired ending inventory of finished goods Quantity of goods 0 0 0 0 0 0 April May June Total Beginning inventory of raw materials Purchases of raw materials Raw materials available for use Desired ending inventory of raw materials Quantity of raw materials to be used in production 0 0 0 0 0 0 0 0 Cash payments for: April May June Total March purchases April purchases May purchases June purchases Total cash payments S 0 s 0 S 0 S