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Bonita Industries estimates its sales at 190000 units in the first quarter and that sales will increase by 19000 units each quarter over the year.

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Bonita Industries estimates its sales at 190000 units in the first quarter and that sales will increase by 19000 units each quarter over the year. They have, and desire, a 25% ending inventory of current quarter's sales in units. Each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Production in units for the third quarter should be budgeted at 218500. 289750. 228000. 232?50. Sheffield Corp. expects to purchase $80000 of materials in March and $120000 of materials in April. Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. In addition, a 2% discount is received for payments made in the month of purchase. How much will April's cash disbursements for materials purchases be? $98800 $58800 $80000 $1 08200 Crane Company estimates its sales at 80000 units in the first quarter and that sales will increase by 8000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at $2736000. $1 968000. $1 356000. 352364000. Bramble Corp.'s direct materials budget shows total cost of direct materials purchases for April $360000, May $450000 and June $530000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash payments for June are $450000. $390000. $485000. $493000. 5mm Corporation estimates its sales at 140000 units in the first quarter and that sales will increase by 14000 units each quarter over the year. They have, and desire, a 25% ending inventory of current quarter's sales in units. Each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Production in units for the third quarter should be budgeted at 213500. 1 68000. 1 71 500. I1 61 000

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