5 pts Question 13 ABC Farm is preparing a collection budget for the year. Sales are expected to be P100,000 in January; P200,000 in February; and P300,000 in March. Approximately 60% of the sale is collected during the month of sale and the other 40% is collected in the following month. What is the ending accounts receivable balance of March? 1. P 80,000 2. P120,000 3. P180,000 4. P200,000 O 1 O2 O 3 04 Question 14 5 pts The controller of ABC Company that produces face masks has requested a quick estimate of the manufacturing supplies needed for its plant for the month of April. When production is expected to be at 470,000 units. Their high-low method used in estimating manufacturing supplies determined that fixed costs part of expenses is P70,560 and the variable cost per unit is P1.45 per unit. How much is the estimated manufacturing supplies for April? 1. P 652,500 2. P 681,500 3. P 749,180 4. P 752,060 0 1 O2 3 04