The following details are provided for a company to assist in the creation of a set of budgets:

Expected Unit Sales:

June = 20,000

July = 18,000

August = 17,000

Sales Price per unit = $85

All sales are expected to be on account with 20% collected in the month of sale and 80% collected in the following month

There are no accounts receivable on June 1

Ending finished goods inventory = 20% of next month's unit sales

Beginning inventory on June 1 = 4,720 units

Each unit of finished goods requires 3 pounds of raw materials costing $2/pound

Ending raw materials inventory = 30% of next month's production needs

Beginning inventory of raw materials on June 1 = 16,992 pounds

40% of raw material purchases are paid in the month of purchase and the remainder in the following month.

a) What are expected sales dollars for July?

b) What are expected cash collections for August?

c) How many units need to be produced in June?

d) What is the cost of estimated raw materials purchases for June?