0/1 point Question 9 21 A company is preparing the purchases budget for the June quarter. The projected sales are as follows:- April 600 units May 680 units June 750 units The company has a policy that closing stock each month, is to be 20% of the next months sales. Assuming there is no opening stock in April, what is required to be purchased for a closing stock amount in May. 666 units 680 units 694 units 830 units 0/1 point Question 10 Simms Pty Ltd purchased $60,000 of materials in August and $80,000 of materials in September. 40% of the purchases are paid in cash in the month of purchase, and balance is paid in the following month. The cash payments thaole eparteSeptemU