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