A company's flexible budget for 16,000 units of production showed sales, $48,000; variable costs, $24,000 and fixed costs, $17,000. The operating income expected if the company produces and sells 17,000 units is: Multiple Choice $5,000 $7,000 $8,500 $44,000 $22,000 Bengal Co. provides the following sales forecast for the next three months: July August September 6,000 6,700 6,560 Sales units The company wants to end each month with ending finished goods inventory equal to 20% of the next month's sales. Finished goods inventory on June 30 is 1,200 units. The budgeted production units for July are Multiple Choice 4,800 units. 7340 unis 7,340 units 2,400 units. 7,200 units. 6,140 units. Junior Snacks reports the following information from its sales budget: October $140,000 Expected Sales: November 148,000 December 184,000 All sales are on credit and are expected to be collected 45% in the month of sale and 55% in the month following sale. The total amount of cash expected to be received from customers in November is: Multiple Choice $148,000 $143,600 $225,000 $66,600