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Budgeting Cash Flow The following various elements relate to Murphy, Inc. ' s cash budget for October of the current year. For each item, determine

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Budgeting Cash Flow
The following various elements relate to Murphy, Inc.'s cash budget for October of the current year.
For each item, determine the amount of cash that Murphy should receive or pay in October.
a. At $21 each, unit sales are 10,000 and 12,000 for September and October, respectively. Total sales are typically 30% for cash and 70% on credit; 40% of credit sales are collected in the month of sale, with the balance collected in the following month. Uncollectible accounts are negligible.
\table[[September sales,
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