a. A company's sales are 5% in cash and 95% on credit. - 75% percent of credit sales are collected in the same month the sale occurred, 5% the month following the sale, and 20% in the second month following the sale. - Budgeted sales are expected to be $70,000 in January, $20,000 in February, $70,000 in March, and $85,000 in April. Calculate the budgeted total cash receipts in April. (2 marks) b. A company has budgeted production in units as follows: - 8 kilograms of raw materials are needed for each unit produced. - The company had 5,000 kilograms of raw materials at the start of the year. - Raw materials inventory at the end of each quarter is equal to 20% of the next quarter's production needs. Calculate the budgeted purchases of raw materials in the second quarter. ( 2 marks) c. A company budgeted to produce 75,000 units in October. The finished goods inventory on October 1 and October 31 were budgeted at 9,000 and 3,000 units, respectively. Each unit requires 0.5 hours of labour and the company pays an hourly rate of $19 per hour. Calculate the budgeted direct labour costs incurred in October. (2 marks)