Cash budgetlong dashbasic grenoble enterprises had sales of $ 50,000 in march and $ 60,200 in april. forecast sales for may, june, and july are $ 70,200, $ 80,200, and $ 100,400, respectively. the firm has a cash balance of $ 5,500 on may 1 and wishes to maintain a minimum cash balance of $ 5,500. given the following data, prepare and interpret a cash budget for the months of may, june, and july.

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?