Homework help please

Part I The data below pertains to the third quarter of Lulu Company which manufactures toys. Below is the estimated sales in units): July August September October November December 62,000 76,000 82,000 91,000 70,000 30,000 Month of sale Month following sale Uncollectible 35% 55% 10% a. The selling price of each toy is $10.00 per unit. b. All sales are on account. Based on past experience, sales are collected in the following pattern: c. Sales for June totaled $170,000. d. The company maintains finished goods inventories equal to 20% of the following month's sales. e. Each toy requires 4 pounds of raw materials. f. The company requires that the ending inventory of raw materials be equal to 15% of the following month's production needs. g. The raw material costs $5.00 per pound. h. 50% of a month's purchases of raw materials is paid for in the month of purchase; the remainder is paid for in the following month. i. The accounts payable on June 30 will be $127,000. Required: Prepare: a. Prepare a sales budget, by month and in total, for the third quarter. b. Prepare a schedule of expected cash collections, by month and in total, for the third quarter. c. Prepare a production budget by month and in total for the quarter. d. Prepare a direct materials budget, by month and in total, for the quarter. e. Prepare a schedule of expected cash disbursements, by month and in total, for the quarter