For the next two questions (30 and 31): The Kafusi Company has the following budgeted sales: April Credit Sales May June le July $320,000 $300,000 $350,000 $400,00 $70,000 $80,000 $90,000 $70,000 Cash Sales... The regular pattern of collection of credit sales is 30% in the month of sale,60% in the month following the month of sale, and the remainder in the second month following the There are no bad debts. 30. The budgeted cash receipts for July would be: A). $400,000 B). $430,000 C). $435,000 D). $390,000 31. The budgeted accounts receivable balance on May 31 would be: A). $210,000 B). $212,000 C). $180,000 D). $242,000 32. A company reported the following amounts of net income: 5156,200 5188,488 Year 2 Year 3 Which of the following is the percentage change from Year 2 to Year 3? A), 20.67% B), 48.46% C), 19.67% D) 23.03% $7,000+$1.80X, total cost for an activity level of 4,000 units 33. Given the cost formula, Y would be: A). $7,000 B). $200 C). $7,200 D). $14,200