both

The LaGronge Corportion had the following budgeted sales for the first half of the current year The compony is in the process of preporing a cash buoget and must desermine the expected cosh coliections by month To this end, the following informotion hos bean ossemblec: Coliections on sales 50 \\% in month of sole 40 \\% in manth following sole \10 in second month following saie The occounts receivable bsiance on Jonuscy lof the cument year was 565,000 of which \\( \\$ 47000 \\) represents uncollected December sales and sia coo represents uncoliectec November soles The totol cash collected durivg Jonuacy by LoGrenge Corporation would be Mitpoie Chaice \\( \\$ 4000 \\) s2anos \\( \\$ 291000 \\) \\( 57 \\times 1.500 \\) Marst Corporation's budgeted production in units and budgeted row meteriols purchases over the next three months ore given below: production needs. The company is expected to have 84,240 pounds of row moterials on hond on January 1 . Budgeted production for February should be: Multiple Cisice 20500 vats 84000 wans F1,600 unts 57200 unts