(The following data is used in questions 29 through 33) Squints Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: Budgeted selling price per unit $71 Budgeted unit sales (all on credit): July 14,200 August 16,500 September 13,700 Variable selling and administrative expense $2.50 per unit sold Fixed selling and administrative expense $55,000 per month Noncash fixed selling and administrative expense $18,000 per month Credit sales are collected: 60% in the month of the sale 40% in the following month Finally, the Company's budgets ending finished goods inventory to equal 15% of the following month's sales. What are the budgeted sales for August? (The following data is used in questions 29 through 33) Squints Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: Budgeted selling price per unit $71 Budgeted unit sales (all on credit): July 14,200 August 16,500 September 13,700 Variable selling and administrative expense $2.50 per unit sold Fixed selling and administrative expense $55,000 per month Noncash fixed selling and administrative expense $18,000 per month Credit sales are collected: 60% in the month of the sale . 40% in the following month Finally, the Company's budgets ending finished goods inventory to equal 15% of the following month's sales. What are the expected cash collections for August? (The following data is used in questions 29 through 33) Squints Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: Budgeted selling price per unit $71 Budgeted unit sales (all on credit): July 14,200 August 16,500 September 13,700 Variable selling and administrative expense $2.50 per unit sold Fixed selling and administrative expense $55,000 per month Noncash fixed selling and administrative expense $18,000 per month Credit sales are collected: 60% in the month of the sale 40% in the following month Finally, the Company's budgets ending finished goods inventory to equal 15% of the following month's sales. What is the budgeted accounts receivable balance at the end of August? (The following data is used in questions 29 through 33) Squints Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: $71 Budgeted selling price per unit Budgeted unit sales (all on credit): July August September Variable selling and administrative expense Fixed selling and administrative expense Noncash fixed selling and administrative expense 14,200 16,500 13,700 $2.50 per unit sold $55,000 per month $18,000 per month Credit sales are collected: 60% in the month of the sale 40% in the following month Finally, the Company's budgets ending finished goods inventory to equal 15% of the following month's sales. What is the required production (in units) for August? (The following data is used in questions 29 through 33) Squints Corporation makes one product and has provided the following information to help prepare the master budget for the next three months of operations: Budgeted selling price per unit $71 Budgeted unit sales (all on credit): July 14,200 August 16,500 September 13,700 Variable selling and administrative expense $2.50 per unit sold Fixed selling and administrative expense $55,000 per month Noncash fixed selling and administrative expense $18,000 per month Credit sales are collected: 60% in the month of the sale 40% in the following month Finally, the Company's budgets ending finished goods inventory to equal 15% of the following month's sales. What is the estimated cash disbursements for selling and administrative expense for August