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Gardner Company expects sales for October of ( $ 248,000 ). Experlence suggests that 45 of sales are for cash and 55 are on credit.

image text in transcribedimage text in transcribed Gardner Company expects sales for October of \\( \\$ 248,000 \\). Experlence suggests that \45 of sales are for cash and \55 are on credit. The company collects \50 of its credit sales in the month of sale and \50 in the month following sale. Budgeted Accounts Recelvable on September 30 is \\( \\$ 67,000 \\). What is the amount of Accounts Recelvable on the October 31 budgeted balance sheet? Multiple Choice \\( \\$ 68.200 \\). \\( \\$ 124,000 \\). \\( \\$ 136,400 \\) \\( \\$ 111,600 \\). \\( \\$ 67,000 \\). Rulz Company provides the following unit sales forecast for the next three months: The company wants to end each month with ending finished goods Inventory equal to \20 of the next month's sales. Finlshed goods Inventory on December 31 is 500 unlts. The budgeted production units for January are: Multiple Choice 2,720 unlts. 2,280 units. 2,500 units. 100 units. 3,220 units

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