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Hi, could someone please give me explanation and steps to do these questions? Thank you very much! 38) Shown below is the sales forecast for

Hi, could someone please give me explanation and steps to do these questions? Thank you very much!

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38) Shown below is the sales forecast for Price Ltd. for the rst four months of the coming year: ___-IE- $15,000 $24,000 $13,000 $14,000 $100,000 $120,000 $90,000 $70,000 On average, 50% of credit sales are paid for in the month of the sale, 30% in the month following sale, and the remainder are paid two months after the month of the sale. Assuming no bad debts, the expected cash ows in March is a) $133,000 b) $122,000 0) $119,000 d) $103,000 39) Using the information from Question 38. Assuming no bad debts, the expected cash flows in April is a) $50,400 b) $36,400 :3) $100,000 d) $103,200 41) Bootie Ltd. has put together the following data to complete the operating budget for the next three months in 2020. ___-m ___- Bootie's policy is to have 60% of the following month's sales in inventory. 0n 1 June, inventory equalled 43,920 units. It takes 2.5 hours of direct labour to produce 1 unit. The average wage cost is $14 per hour. What are the production units for June and July respectively? 20,620; 60,?20 20,620; 66,800 85 ,260; 80,580 85 ,260; 84,340 Using the information from Question 41. What are the direct labour costs for June and July respectively? $2,471,700; $2,338,000 $2,421,200; $2,125,200 $2,984,100; $2,125,200 $2,984,100; $2,951,900

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