XYZ Corporation is preparing a master budget for 2016. Sales for the year are expected to total 1,200,000 units. quarterly sales in units are 20%, 25%, 30%, and 25% re per unit beginning in the fourth quarter. Sales in the first quarter of 2017 are expected to be 10% higher than the budgeted sales volume for the first quarter of 2016. Cash collections from sales are 60% in the quarter of sale 30% in the following quarter and 8% in the second quarter after sales. for production purposes management desires to maintain ending finished goods inventories at 25% of the next quarter budgeted sales volume. Beginning finished goods on January1, 2016 are 60,000 units.

For production purposes two pounds of raw materials are required for each finished product. management targets ending inventory of materials equal to 20% of next period's production needs of finished goods. beginning materials inventory on January 1, 2016 was 10,000 pounds.

a) cash inflows schedule for the third quarter 2016

b) materials budget in pounds for the first quarter 2016