Caba Corporation's sales budget for the first half of the year is as follows: January Budgcted Sales February 198,000 March April May June Total: $ 220,000 S 250,000 $ 210,000 S 290,000 S 1,283,000 Sales are 30% cash and 70% on account Sales on account are to be collected over three-month penod, with 20% collected in the month of the sale, 65% collected in the first month following the sale, and ist oli ted in the second month following the sale. What is the budgeted balance in the Accounts Receivable account as of June 30 a. $184,450 b. $263,500 c. $249,400 d.$232,000 6. Reyes Merchandising Company has created the following sales forecast for the beginning of the upcoming fiscal year February March April Budgeted unit sales The company expects to start the year with 1,970 units in merchandise inventory. Management desires an ending merchandise inventory in each month equal to 15% of next month's budgeted unit sales. How many units of merchandise does Reyes expect to purchase for March? a. 18,840 b. 16,410 c. 16,200 d. 18,155