Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects credit sales of $48.000 and $64,000, respectively. The company expects to collect 60% of its credit sales in the month of the sale, 35% in the following month, and 5% is deemed uncollectible What amount of cash collections from credit sales would the company include in its cash budget for the second month? Multiple Choice O $58.400 $38.400 522.400 O $58,400 O $38,400 O $22,400 $55,200 O Assume a company's estimated sales for January, February, and March are 25,000 units, 26.000 units, and 24,000 units, respectively. The company always maintains ending finished goods inventory equal to 15% of next month's unit sales. What is the required production in units for February Multiple Choice 25750 units 26.750 units 26.300 25200