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You have the following information regarding the Knoll Company and two of its segments: Total Company % DIVISION A DIVISION B % SALES $ 420,000 100.00% $ 180,000 100.00% $ 240,000 100.00% VARIABLE EXPENSES 237,000 56.43% 45,000 25.00% 192,000 80.00% CONTRIBUTION MARGIN 183,000 43.57% 135,000 75.00% 48,000 20.00% TRACEABLE FIXED COSTS 66,000 15.71% 36,000 20.00% 30,000 12.50% SEGEMENT MARGIN 117,000 27.86% $ 99,000 55.00% $ 18,000 7.50% COMMON FIXED COSTS 13,500 3.21% NOI $ 103,500 24.64% The breakeven in sales revenue for Knoll and Division A would be closest to: $182,459 and $48,000, respectively. $285,385 and $65,455, respectively. $285,385 and $400,000, respectively. O $182,459 and $150,000, respectively. Assume a company is preparing a budget for its first three months of operations. During the first second and third months it expects credit sales of $35,000, $53,000 and $60,000, respectively. The company expects to collect 35% of its credit sales in the month of the sale and the remaining 65% in the following month. What amount of cash collections from credit sales would the company include in its cash budget for the second month? $41,300 $67,700 $57,550 $55,450