Question > 15 points) Use the information below for July production to answer the questions that follow. Production estimates for July are as follows: Estimated inventory (units), July 1 8,500 Desired inventory (units), July 31 10,500 Expected sales volume (units), July 76,000 For each unit produced, the direct materials requirements are as follows: Direct material A ($5 per lb.) 3 lb. Direct material B ($18 per lb.) 2 lb. The total direct materials purchases of Material A and Material B (assuming no beginning or ending material inventory) required for July production is O $1,080,000 for A; $648,000 for B O $1,080,000 for A; $1,296,000 for B O $1,170,000 for A; $702,000 for B O $1,125,000 for A; $675,000 for B Question 6 (5 points) Use the information below for Nuthatch Corporation to answer the questions that follow. Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business-September, October, and November are $260,000, $375,000, and $400,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in October from accounts receivable are estimated to be O $246,400 O 262,500 O $210,000 O $294,500