Tyler Co. predicts the following unit sales for the next four months: April, 3,200 units; May, 4,400 units; June, 6,100 units; and July 2,600 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's sales. At the end of March, the company had 800 finished units on hand. Prepare a production budget for each of the months of April, May, and June May June Tyler Co. Production Budget April, May and June April Next month's budgeted sales (units) Ratio of inventory to future sales :% Budgeted ending inventory (units) Add: Budgeted sales (units) Required units of available production 0 Less: Beginning inventory (units) Units to be produced 0 % % 0 0 0 0 Karim Corp. requires a minimum $9,800 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on July 1 is $10,200, and the company has no outstanding loans. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow. Cash receipts Cash payments July $25,800 30,700 August $33,800 31,800 September $41,800 33,800 Prepare a cash budget for July, August, and September. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.) KARIM CORP Cash Budget For July August, and September July August $ 10.200 September Beginning cash balance Total cash available Preliminary cash balance Ending cash balance Loan balance 0 Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month Foyert Corp. requires a minimum $6,600 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on October 1 is $6,600 and the company has an outstanding loan of $2,600. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow. Cash receipts Cash payments October $22,600 24,900 November $16,600 15,600 December $20,600 15,400 Prepare a cash budget for October, November, and December. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.) FOYERT CORP. Cash Budget For October, November, and December October November Beginning cash balance $ 6,600 December Total cash available Preliminary cash balance Ending cash balance Loan balance $ 2,600 Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month