COVID 19 Co. has forecast purchases on account to be $318,000 in March. $371,000 in April $421.000 in May, and $496,000 in June. Sixty percent of purchases are paid for in the month of purchase, the remaining 40% are paid in the following month. What are budgeted cash payments for April? Select one: a. $349,800 b. $256,800 O C. $123,800 d. $382,800 Kawards & Layyers Inc. produces leather handbags. The production budget for the next four months is:July 5900 units, August 7200, September 8100, October 8500. Each handbag requires 0.5 square meters of leather, Kaward & Layyers's leather inventory policy is 20% of next month's production needs. If the leather policy is met, what will the July 1 inventory be? Select one: a.590.0 square meters b. 140.0 square meters C. 720.0 square meters d. 1665.0 square meters