(a)[2]
State two advantages of preparing a cash budget.
(b)[4]
Prepare production budgets, in units, for July and August.
(c)[11]
Prepare cash budgets for July and August.
(d)[4]
Calculate the minimum value of credit sales that must be offered the cash discount in order to reach an ending bank balance of $\$24\,500$.
(e)[4]
Explain two further ways of improving the cash position at the end of August.