QUESTION 26 15 points Save Answer The Bees That Be, Inc produces a specialty jar of honey They are working on the budgets for April, May, & June (02) and have asked for your help. The unit sales forecast for the next four months is: April May June July 800 720 680 700 The jars sell for $10 each. Traditionally, 80% of the sales are made in cash and the remaining 20% are made on store credit. The credit sales are collected 10% in the current month and 90% in the next month, March sales are budgeted at sa 100 The Bees that Eh likes to maintain an ending inventory of finished goods of 5% of next month's projected sales forecast. Each jar cost The Bees $6. Complete the following budgets 1. Sales budget (for Apnil, May&June) 2.Cash Receipts budget (May only) 3. Determine the following balances: a Sales revenue on the Q2 Pro-forma income statement b. Accounts Receivable amount on the June 30 balance sheet c. COGS on the Q2 Pro-forma income statement d. Ending Inventory amount on the June 30 balance sheet -21 Path: p