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26. Porath Manufacturing Co. reported the following information for 2012: October November December Budgeted sales $1,240,000 $1,160,000 $1,440,000 All sales are on credit. Customer amounts

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26. Porath Manufacturing Co. reported the following information for 2012: October November December Budgeted sales $1,240,000 $1,160,000 $1,440,000 All sales are on credit. Customer amounts on ac month. amounts on account are collected 50% in the month of sale and 50% in the following How much cash does Porath expect to receive in November? A. $580,000 B. $1,300,000 C. $1,200,000 D $1,160,000 27. Baliff Co. has 24,000 units in beginning finished goods. If sales are expected to be 120,000 units for the year and Baif desires ending finished goods of 30,000 units, how many units must the company produce? A. 114,000 B. 120,000 C. 126,000 D. 150,000

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