E$6\mathrm{.}10($L$03,4),$ AN

Transitioning from employee to manager has been exciting for Jalen! He enjoys having the responsibility and authority to make decisions, and it is rewarding to join the management team, sharing insights to make better see what kind of a deal it might offer. The DM information for Jalen's division and for each vendor just described is as follows.

DM on hand as of July $1$ slightly exceeds expectations at $1,500$ linear board feet.

Each unit requires $4$ linear board feet; Jalen is most comfortable if the company has $20\%$ of the following month's production needs on hand.

The cost per linear foot is $$6\mathrm{.}50$ with the current supplier; it's $$7\mathrm{.}00$ with the new vendor.

Planned production for July is $1,800$ units; for August is $2,200$ units; for September is $2,000$ units; and for October is $1,700$ units.

The A$/$P balance related to June DM purchases is $$34,125$ on July $1.$

Required A$/$P balance as of September $30.$ identify the $\frac{A}{P}$ balance as of September $30.$

d$.$ Assume Jalen decides to go with the new vendor, thus altering the previously planned cash disbursements schedule. Write a brief memo to the controller explaining the situation.

Prepare a cash budget for one quarter.