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I would appreciate if i can get some help on 3 please ! Bearkat Corporation is preparing its budgets for the first quarter of 2024

I would appreciate if i can get some help on 3 please ! image text in transcribed
Bearkat Corporation is preparing its budgets for the first quarter of 2024 . They expect to isell 10,000 units in the month of Jamuary and expect that sales will inerease by 5% each? month in 2024. They started January with 4,000 units infinished goods inventory. For their finished goods inventory, they wish to end each month with 20% of the expected sales for the following month Each unit requires 3 yards of material] The cost of each yard is \$5I They plan on selling each unit for \$20. They collect 60% of the revenues in the month of sales and 40% in the month following. December's revenue was budgeted at $160,000. 1. What are the budgeted revenues for the month of February? a. 200,000 b. $150,000 (c.) $210,000 d. $157,500 e. $80,000 2. How many units should they start working on in February? (a. 10,605 b. 10,395 c. 10,500 d. 8,100 e. 11,900 3. What are the cash collections for February? a. $204,000 b. $184,000 c. $206,000 d. $176,000 e. $126,000

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