Assume a merchandising company's estimated sales for January, February, and March are $104,000, $124,000, and $114,000, respectively. Its cost of goods sold is always 60% of its sales. The company always maintains ending merchandise inventory equal to 15% of next month's cost of goods sold. What are the required merchandise purchases for January? O $60,600 O $74,400 O $64,200 O $71,000 Assume a company's estimated sales is 20,000 units. Its beginning finished goods inventory is 4,000 units, and its desired ending finished goods inventory is 2,000 units. What is the required production in units? O 26,000 units O 18,000 units O 22,000 units O 14,000 units Assume a company's budgeted unit sales and its required production in units for April are 84,000 units and 82,000 units, respectively. The direct labor-hours required per unit is 1.75 hours and the direct labor wage rate is $15.75 per hour. What is the budgeted direct labor cost for April? O $2,300,207 O $2,260, 125 O $2,307 875 O $2,315,250