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Sales for Ross Pro's Sports Equipment are expected to be 42,000 units for October. The company likes to maintain 15 percent of unit sales for each month in ending inventory (that is, end of October). Beginning inventory for October 9,500 units How many units should the firm produce for the coming month? Units to be produced Power Ridge Corporation has forecast credit sales for the fourth quarter of the year as follows: $65,000 September (actual) Fourth Quarter October $55,000 November 50,000 December 75,000 Experience has shown 25 percent of sales are collected in the month of sale, 55 percent are collected in the fol lowing month, and 20 percent are never collected. Prepare a cash receipts schedule for Power Ridge Corporation covering the fourth quarter (October through December). Power ridge corporation Cash Receipt Schedule September $ October November December Sales Collections of Current Sales Collections of prior month's Sales Total cash receipts