2.

Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Inventory 24,000 54,000 Ending Inventory 74,000 44,000 Finished goods (units) Raw material (grams) Each unit of finished goods requires 3 grams of raw material. The company plans to sell 710,000 units during the year. How much of the raw material should the company purchase during the year? Roberts Enterprises has budgeted sales in units for the next five months as follows: June July August September October 4,620 units 7,700 units 5,420 units 6,940 units 3,820 units Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 462 units. The company needs to prepare a production budget for the second quarter of the year. The total number of units to be produced in July is: Harrti Corporation has budgeted for the following sales: July August September October November December $447,800 $582,800 $616,400 $891,400 $744,000 $ 704,000 Sales are collected as follows: 15% in the month of sale; 65% in the month following the sale; and the remaining 20% in the second month following the sale. In Harrti's budgeted balance sheet at December 31, at what amount will accounts receivable be shown