$1407000 Remaining Time: 39 minutes, 25 seconds $150,000 $160.000 Question Completion Status: $165.000 QUESTION 11 First Profit Company budgeted sales are follows? April 10,000, May 500,000, and June $50,000. About 60% of the sales are for cash and the remaining 40% won credit Collections on the credits are 50% in the month of the sale and 50% in the next month. Expected cash receipts during June are $56.000 $69.000 $50,000 QUESTION 12 A purchases budget is used instead of a production budget by marfacturing companies. not-for-prototies service companies merchandising companies 1.6660 QUESTION 13 Budgeting on the basis of cash fowlexpenditures and compare the one and expense base is characteristic of merchandising companies service prises not-for-profitentes marching companies Click Swansowe stick All Anton Save A 838 285 2 3 $ 4 5 & 7 6 8 9 W E R T U 0 S D F G H J K L N C V B N