A. A company's past experience indicates that 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5% in the second month after the sale; the remainder is never collected. Budgeted credit sales (accounts receivable) were: January February March The cash inflow in the month of March is expected to be A) $271,200 B) $215,200 C) $236,000 D) $265,200 $240,000 144,000 360,000 B. Ifthere were 60,000 pounds of raw materials on hand on January 1, 120,000 pounds are desired for inventory at January 31, and 360,000 pounds are required for January production, how many pounds of raw materials should be purchased in January? A) 300,000 pounds B) 480,000 pounds C) 240,000 pounds D) 420,000 pounds C. The master budget of Windy Co. shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: $720,000 180,000 210,000 150,000 SL.260,000 Indirect labor Machine supplies Indirect materials Depreciation on factory building Total manufacturing overhead A flexible budget for a level of activity of 60,000 machine hours would show total manufacturing overhead costs of A) S1,482,000 B) 1,260,000 C) $1,512,000 D) $1,362,000