a. o A company's sales are 10% in cash and 90% on credit. o 50% percent of credit sales are collected in the same month the sale occurred, 15% the month following the sale, and 35% in the second month following the sale. o Budgeted sales are expected to be $40,000 in January, $50,000 in February, $70,000 in March, and $80,000 in April. Calculate the budgeted total cash receipts in April. (2 marks) Number b. A company has budgeted production in units as follows: Quarter First Second Third Fourth Production in Units 50,000 20,000 65,000 80,000 3 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. o Raw materials inventory at the end of each quarter is equal to 15% of the next quarter's production needs. Calculate the budgeted purchases of raw materials in the second quarter. (2 marks) Number C. A company budgeted to produce 90,000 units in October. The finished goods inventory on October 1 and October 31 were budgeted at 5,000 and 2,000 units, respectively. Each unit requires 1 hours of labour and the company pays an hourly rate of $18 per hour. Calculate the budgeted direct labour costs incurred in October. (2 marks) Number