Cameroon Corp. manufactures and sells electric staplers for $15.60 each. If 10,000 units were sold in December, and management forecasts 5% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:

$189,620

$163,800

$180,590

$171,990

$156,000

Flack Corporation provides the following information for its December budgeting process:

The November 30 inventory was 1,920 units.

Budgeted sales for December are 4,800 units.

Desired December 31 inventory is 3,360 units.

Budgeted purchases are:

6,240 units.

8,160 units.

4,800 units.

3,360 units.

6,720 units.

The sales budget for Modesto Corp. shows that 22,000 units of Product A and 24,000 units of Product B are going to be sold for prices of $12.00 and $14.00, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 4,000 units. The beginning inventory of Product B is 4,500 units. The desired ending inventory of B is 5,000 units. Budgeted purchases of Product A for the year would be:

21,500 units.

22,000 units.

26,800 units.

14,600 units.

22,800 units.

Western Company is preparing a cash budget for June. The company has $10,800 cash at the beginning of June and anticipates $31,200 in cash receipts and $36,900 in cash disbursements during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company owes $15,000 to the bank. To maintain the $10,000 required balance, during June the company must:

Borrow $10,000.

Borrow $4,900.

Borrow $5,700.

Repay $5,100.

Repay $4,900.