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Victoria Inc. makes one product and it provided the following information to help prepare the master budget for its first four months of operations: a

Victoria Inc. makes one product and it provided the following information to help prepare the master budget for its first four months of operations:
a. The budgeted selling price per unit is $80. Budgeted unit sales for June, July, August, and September are 9,100,10,100,12,100, and 15,100 units, respectively. All sales are on credit.
b.60% of credit sales are collected in the month of the sale and 40% in the following month.
c. The ending finished goods inventory equals 20% of the following month's unit sales.
d. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 5kg of raw materials. The raw materials cost $2.00 per kilogram.
e.30% of raw materials purchases are paid for in the month of purchase and 70% in the following month.
f. The direct labour wage rate is $20 per hour. Each unit of finished goods requires two direct labour-hours.
g. The variable selling and administrative expense per unit sold is $2.00. The fixed selling and administrative expense per month is $60,500.
Required:
If 61,200kg of raw materials are needed for production in August, the cost of raw materials purchases in June is $89,080, what are the estimated cash disbursements for raw materials purchases in July?
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