X-Tel budgets sales of $48,000 for April, $88,000 for May, and $52,000 for June. In addition, sales commissions are 10% of sales dollars and the company pays a sales manager a salary of$4,800 per month. Sales commissions and salaries are paid in the month incurred. Prepare a selling expense budget for April, May, and June. X-TEL Selling Expense Budget For April, May, and June April May June Budgeted sales Sales commissions Champ, Inc., predicts the following sales in units for the coming two months: May June 280 280 Sales in units Each month's ending inventory of finished units should be 70% of the next month's sales. The April 30 finished goods inventory is 196 units. Compute Champ's budgeted production (in units) for May CHAMP, INC. Production Budget For Month Ended May 31 Required units of available production Units to be produced Required information Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,800 units (solar panels) in uly and 6,000 units in August. Each unit requires 3 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials inventory equal to 40% of the next month's direct materials requirement. As of June 30, the company has 6,960 pounds of direct materials in inventory, which complies with the policy. Prepare a direct materials budget for July. MIAMI SOLAR Direct Materials Budget For Month Ended July 31 Budget production (units) 5,800 Materials needed for production (Ibs.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Budgeted cost of direct materials purchases