35) 35) Farmington Enterprises has budgeted sales for the months of September and October at $300,000 and $280,000, respectively. Monthly sales are 80% credit and 20% cash. Of the credit sales, 50% are collected in the month of sale and 50% are collected in the following month. What are the October cash collections from customers? A) $290,000 B) $232,000 C) $168,000 D) $288,000 Case 22.5 Della Company prepared the following purchases budget: Month June July August September October Budgeted Purchases $67,000 72,500 76,300 73,700 69,200 All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. 36) Refer to Case 22.5. What are the cash disbursements in August for June purchases? A) $26,800 B) $33,500 C) $30,520 D) $7,630 37) Refer to Case 22.5. What are the cash disbursements in October for September purchases? A) $34,600 B) $27,680 C) $29,480 D) $36,850 38) Refer to Case 22.5. What are the total cash disbursements in August for the purchase of merchandise? A) $70,680 B) $72,500 C) $76,300 D) $73,850 39) Refer to Case 22.5. What are the total cash disbursements in October for the purchase of merchandise? A) $64,080 74,290 B) $34,600 C) $74,290 69,200 D) $69,200 64,080