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Help Save & Exit Sul Cameroon Corp. manufactures and sells electric staplers for $15.60 each. If 10,000 units were sold in December, and management forecasts 5% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be: Multiple Choice S163,800 S80500 $11,990 $156,000 Bengal Co. provides the following unit sales forecast for the next three months: Sales units July August September 6,000 6, 700 6,560 The company wants to end each month with ending finished goods inventory equal to 20% of the next month's sales. Finished goods inventory on June 30 is 1.200 units. The budgeted production units for July are. Multiple Choice 7200 units. 7,340 units. 2400 units. Memphis Company anticipates total sales for April, May, and June of $820,000. $920,000, and $970,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are collected in the second month Compute the amount of accounts receivable reported on the company's budgeted balance sheet for June 30. $844,250. $436,500. $471,000. 8913,000. Calgary Industries is preparing a budgeted income statement for 2018. Predicted sales for the year are $695,000 and cost of goods sold is 40% of sales. The expected selling expenses are $77,500 and the expected general and administrative expenses are $86,500, which includes $19,500 of depreciation. The company's income tax rate is 30%. The budgeted net income for 2018 is: Multiple Choice S417000. 8177100, $253,000. S85,000. S75,900