The company maintains a finished goods inventory equal to $10\%$ of the following month's sales. The inventory of finished goods on July $1$ is as it should be$.$

$\backslash$table$[[\backslash$table$[[$Paughan Company$],[$Production Budget$],[3$rd Quarter$]],$July,Total$],[\backslash$table$[[,$August,September,$3$rd Quarter,$],[$Budgeted Sales in Units,$8,000,13,000,14,000,35,000],[$Add: Desired Ending Inventory,$1,300,1,400,600,600],[$Total Needs,$9,300,14,400,14,600,35,600],[$Less: Beginning Inventory,$600,1,300,1,400,(600)$

Vaughan Company makes AMAZING SUPER DUPER Widgets. Management is now preparing detailed budgets for the third quarter, July through September, and has assembled the following information to assist in budget preparation:

Sales Budget

The marketing department has estimated sales as follows for the remainder of the year: $($Actual sales in June were $6,000$ units$)$

$\backslash$table$[[$July$,8,000,$October,$6,000],[$August$,13,000,$November,$7,000],[$September$,14,000,$December,$8,000]]$

The selling price of a SUPER DUPER widget is $$50$ and all sales are on account.

Based on past experience, sales are collected in the following pattern:

$70\%$ in the month of sale

$24\%$ in month following the sale

$6\%$ are never collected $($uncollectible$)$