Assume a company's sales budget for April and May is 41,000 units and 43,000 units, respectively. Its production budget for the same two months is 38,000 units and 39,000 units, respectively. Each unit of finished goods required 3 pounds of raw materials. The company always maintains raw materials inventory equal to 20% of the following months production needs. Also assume the company pays $2.50 per pound of raw material. It always pays for 60% of its raw material purchases in the month of purchase and the remainder in the following month. The accounts payable balance on March 31st is $141,000. What would be the accounts payable balance at the end of April? Multiple Choice O $176,900 O $157,567 O $175,567 O $171,900Assume that a company provided the following information and assumptions from its master budget: Sales budge_t: Un'rt sales in June, July, and August are 20,000,18,000, and 17,000, respectively. The selling price per unit is $80. All sales are on account. 20% of sales are collected in the month of sale and 80% are collected in the next month. Production budge_t: The ending finished goods inventory is always 25% of next month's unit sales. Direct materials budge_t Each unit of nished goods requires 3 pounds of raw material that cost $2.00 per pound. The ending raw materials inventory is always 30% of next month's production needs. 40% of raw material purchases are paid in the current and the remainder is paid in the following month- What is the budgeted accounts payable balance at the end of June? Multiple Choice 0 $66,316 $56,410 0 0 $66,316 0 $46,316 Assume a company,r is preparing a budget for its first two months of operations. During the rst month it expects credit sales of $50,000. The company expects to collect 40% of its credit sales in the month of the sale and 60% in the following month. The company's cash budget for the second month shows total cash collections from credit sales of $54,000. What amount of credit sales is the company expecting for its second month of operations? Multiple Choice 0 $55,000 $40,000 0 0 $60,000 0 $450 00 Assume a company's estimated unit sales and required production for January are 25,980 units and 25,135 units, respectively. The company always maintains ending finished goods inventory equal to 25% of next month's unit sales. 1Il'll'hat is the estimated unit sales in February? Multiple Choice 0 11600 units 19,580 units 0 0 21600 units 0 24,580 units