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Montrose Instrumentation produces measurement equipment. One component, used in a variety of the company's products, is critical and the supply chain often breaks. For that reason, Montrose has a policy to hold in inventory enough of the component to produce three month's worth of sales $($one component is used in each unit of product in which it is used$).$ On February $1,$ the company has $40,000$ components in stock. Sales of the units in which the component is used in each of the next six months are estimated to be as follows:

$\backslash$table$[[$February$,34,750],[$March$,28,750],[$April$,30,250],[$May$,35,800],[$June$,32,400],[$July$,44,360]]$

Parts are purchased at a wholesale price of $$55.$ The vendor has a financing arrangement by which Montrose pays $40$ percent of the purchase price in the month when the components are delivered and $60$ percent in the following month. Montrose purchased $42,500$ parts in January.

Required:

a$.$ Estimate purchases of the component $($in units$)$ for February and March.

b$.$ Estimate the cash disbursements for the component in February and March.

Complete this question by entering your answers in the tabs below.

Required A

Required B

Estimate purchases of the component $($in units$)$ for February and March.

$\backslash$table$[[,$February,March$],[$Merchandise to be purchased in units,,$],[,,]]$

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