Soprano Company is in the process of preparing the second quarter budget for 2022, and the following data have been assembled:

The company sells a single product at a selling price of $43 per unit. The estimated sales volume for the next six months is as follows:

March 6,100 units June 8,500 units April 7,200 units July 9,400 units May 10,000 units August 6,200 units

All sales are on account. The company's collection experience has been that 43% of a month's sales are collected in the month of sale, 52% are collected in the month following the sale, and 5% are uncollectible. It is expected that the net realizable value of accounts receivable (i.e., accounts receivable less allowance for uncollectible accounts) will be $136,396 on March 31, 2022.

Management's policy is to maintain ending finished goods inventory each month at a level equal to 51% of the next month's budgeted sales. The finished goods inventory on March 31, 2022, is expected to be 3,672 units. To make one unit of finished product, 3 pounds of materials are required. Management's policy is to have enough materials on hand at the end of each month to equal 44% of the next month's estimated usage. The raw materials inventory is expected to be 11,389 pounds on March 31, 2022.

The cost per pound of raw material is $6.00, and 71% 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 $39,288 on March 31, 2022.

Required: Prepare a sales budget in units and dollars, by month and in total, for the second quarter (April, May, and June) of 2022.

Prepare a schedule of cash collections from sales, by month and in total, for the second quarter of 2022.

Prepare a production budget in units, by month and in total, for the second quarter of 2022.

Prepare a materials purchases budget in pounds, by month and in total, for the second quarter of 2022.

Prepare a schedule of cash payments for materials, by month and in total, for the second quarter of 2022.

Prepare a materials purchases budget in pounds, by month and in total, for the second quarter of 2022. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollars. Complete this question by entering your answers in the tabs below. Prepare a schedule of cash payments for materials, by month and in total, for the second quarter of 2022. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollars