AaBbCel AaBbCcI AaBbC AaBbCct AaB AaBbCcC abc x, x T Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Font Paragraph Styles 4. (4 points) The Khaki Corporation has the following budgeted sales data January February $70,000 $90,000 $80,000 April $70,000 $400,000 $350,000 $300,000 $320,000 March Cash Sales... Credit Sales.. The regular pattern of collection of credit sales is 40% in the month of sale, 50% in the month following sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted accounts receivable balance on February 28 would be: b. The budgeted cash receipts for April would be: a. 5. (4 points) Shocker Corporation's sales budget shows quarterly sales for the next follows: year as Unit sales Quarter 1 Quarter 2 Quarter 3 Quarter 4 10,000 units 8.000 units 12.000 units 14.000 units Corporation policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter's sales. Budgeted production for the first three quarters of the next year would be