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2) A manufacturing company has prepared the ertt Di the ah bidet the A) capital espenditures basdge 1) selling and adminltrative experes udget C) s hedule of cash receipts fros custome D) inventory, purchases and cost of erd sodd bedget 28) Which of the following budets would rot he prepared tor a machandiaing irn A) Capital expenditures bndge C) Cash budget 2) B) Sales budget D) Direct labor bnudget 29) Tuncarora, Inc, a merchandising company, has the following nudgsted fiygaen Cost of goods sold of next Required ending inventory month's sales Inventory on hand on Jan 1 $27,000 Calculate the budgeted purchases for the month of January A) $50,850 B) $3250 C) $23,850 D) $23,800 3 30) Seaworthy Company, a merchandising company, has prepared the following sales budget Month March April May Budgeted Sales $400,000 207,000 241,000 248,000 June Cost ofgoods sold is budgeted at 40% of sales, and the inventory at the end of February was 534,000 Desired inventory levels at the end of each month are 10% of the next month's cost of goods sold. What is the desired beginning inventory on June 1? C) $96400 D) $9920 B) $24,800 A) 59640