1 All of Gaylord Corporation's sales are on account. Thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remainder are collected in the second month following sale. The following are budgeted sales data for the company: January $50,000 February $60,000 March $40,000 April $30,000 Total sales What is the amount of cash that should be collected in March? Multiple Choice $24,000 $37,000 $41,000 The BRS Corporation makes collections on sales according to the following schedule: 2 45% in month of sale 50% in month following sale 5% in second month following sale The following sales have been budgeted: April May June Sales $160,000 $180,000 $170,000 Budgeted cash collections in June would be: Multiple Choice $166,500 t170 enn 3 All of Pocast Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following sale. The following are budgeted sales data for the company: January $700,000 February $500,000 March April $400,000 $600,000 Total sales Cash receipts in April are expected to be: Multiple Choice $530,000 $360,000 $460,000 Ic raw FII 4 Parwin Corporation plans to sell 39,000 units during August. If the company has 16,000 units on hand at the start of the month, and plans to have 17,000 units on hand at the end of the month, how many units must be produced during the month? Multiple Choice 56,000 55,000 40,000 38,000 o