Grover has forecast sales to be $130,000 in February, $138,000 in Morch, $159,000 in April, and $143,000 in May. The average cost of goods sold is 70% 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 March? Multiple Choice 5134,800 595,500 $138,800 $98,300 Larken has forecast sales for the next three months as follows: July 4,000 units, August 6,800 units, September 8,400 units. Larker's policy is to me an ending inventory of 40% of the next month's soles needs on hand. July 1 inventory is projected to be 1600 units. Monthly manufacturing overendis budgeted to be $17,900 plus $8 per unit produced. What is budgeted manufacturing overhead for July? Muitiple Choice $64 360 $44,360 $58,860 541,860 Skylark has forecast production for the next three months as follows: July 5,500 units, August 7,300 units. September 7,500 units. Monthly manufacturing overhead is budgeted to be $17.400 plus $8 per unit produced. What is budgeted manufacturing overhead for July Multiple Choice $61,400 $44.000 $46.900 $56.900