COVID 19 Co has forecast sales to be $131,000 in February, $135,000 in March, $155.000 in April, and $149,000 in May. The average cost of goods sold is 75% of sales All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following what are budgeted cash receipts in April? Select one O a $147,000 b. $133.400 O c $96,900 o d. $94,100 COVID 19 Co has an activity-based costing system with three activity cost pools --Machining, Assembly, and other in the first stage allocations, costs in the two overhead accounts, equipment depreciation and facotry expense, are allocated to three activity cost pools based on resource consumption Data used in the first stage allocations follow: Overhead costs: Equipment depreciation $79,600 Factory expense Distribution of Resource Consumption Across Activity Cost Pools: $5,000 Activity Cost Pools Machining Assembly Other Equipment depreciation 0.50 0.30 0.20 Factory expense 0.50 0.30 Machining costs are assigned to products using machine hours (MHS) and Assembly costs are assigned to products using the number of orders. The costs in the other activity cost pool are not assigned to products. Activity data for the company's two products follow 0.20 Machine-hours (Machining) Orders (Assembly) Product YB 1070 1.550 Product YA 9.700 1,630 The activity rate for the Machining activity cost pool under activity-based costing is closest to (Round your intermediate calculations to 2 decimal places.) Factory expense Distribution of Resource Consumption Across Activity Cost Pools: $5.000 0.20 Activity Cost Pools Machining Assembly Other Equipment depreciation 0.50 0.30 Factory expense 0.20 Machining costs are assigned to products using machine-hours (MHS) and Assembly costs are assigned to products using the number of orders. The costs in the other activity cost pool are not assigned to products. Activity data for the company's two products follow: 0.50 0.30 Machine-hours (Machining) Orders (Assembly) Product YB 1070 1.550 Product YA 9.700 1,630 The activity rate for the Machining activity cost pool under activity-based costing is closest to (Round your intermediate calculations to 2 decimal places.) Select one a $376 per MH b. $6.40 per MH c. $9.40 per MH d $3.93 per MH