A company sells a sirgie product. Sales for the upcoming quarter are budgeted as: - April - 5250.000 - Mar - $268.000 - hune - 52.95.300 - Auly - $302.670 Assume all sales are on account. Sales are collected as: 1005 collected in the first month after the month of wale, and the remaining 90% are collected in the 2 nd month after the month of sale. Compute the budgeted cash collections for ane 5251800 208.450: 3268000. 5301.933 Question 5 A company is preparing a cash budget for Oct. Nov and Dec. Sales for each month are $120,600, $135,800 and $119,500. The disbursements for each month are as follows (Oct, Nov, Dec): - Disbursements for merchandise are budgeted as $25,000,$20,300 and 22,840 . - Administrative expenses are 10% of the current month sales. - Selling commissions are 15% of sales. Additiogal sales salaries are $2,500 per month - The company expects to pay income taxes of $5.000 in November. - Equipment will be purchased for $30.000 in October. Total cash disbursements for October is: 352.650 561.750 587.650 500750