1. Cameroon Corp. manufactures and sells electric staplers for $16.40 each. If 10,000 units were sold in December, and management forecasts 3% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:

2. Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the following month. On December 31, the accounts receivable balance includes $26,000 from November sales and $45,000 from December sales. Assume that total sales for January are budgeted to be $64,000. What are the expected cash receipts for January from the current and past sales?

3.

Bengal Co. provides the following sales forecast for the next three months:

	July			August			September
Sales units		11,500			12,200			6,250

The company wants to end each month with ending finished goods inventory equal to 20% of the next month's sales. Finished goods inventory on June 30 is 2,300 units. The budgeted production units for August are: