Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in units 390 430 450 390 Each month's ending Finished Goods Inventory in units should be 30% of the next month's sales. March 31 Finished Goods inventory is 117 units. A finished unit requires five pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 240 pounds of direct material B. Each month's ending Raw Materials Inventory should be 20% of the following month's production needs. The budgeted purchases of pounds of direct material B during May should be: Multiple Choice O 2,176 pounds. On-Screen Keyboard - X O 436 pounds. F1 F2 F3 F4 F5 F6 F7 FB F9 Esc 10 17 12 X Home PgUp Nav Tab qwertyuiop Del End PgDn Mv Up O 2,612 pounds. Caps as d f g h j k l Enter Insert Pause Mv Dn Shift z x cv bnmWichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 30% in the month of sale, 50% in the month following the sale, and 20% in the second month following the sale. On December 31, the accounts receivable balance includes $16,000 from November sales and $42,000 from December sales. Assume that total sales for January are budgeted to be $54,000. What are the expected cash receipts for January from the current and past sales? Multiple Choice O $19,980. O $56,980. On-Screen Keyboard - X O $53,180. F1 F2 F3 4 F5 F6 F7 FB F9 ESC $171 12 X Home PgUp Nav Tab qwertyuiop Del End PgDn Mv Up O $60,580. Caps asdf gh j kl Enter Insert Pause Mv Dn Shift z x cv bnm ? Shift PrtSon ScrLk Dock O $65,980. Fn Alt Alt Options Help Fade