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It is January 1 of Year 2 . Company sales for January, February, and March are forecasted as follows: January: $ 2 0 , 0

It is January 1 of Year 2. Company sales for January, February, and March are forecasted as follows:
January: $20,000
February: $40,000
March: $50,000
Seventy percent of sales are credit sales, and the remaining 30% of sales are cash sales. Of these credit sales, 40% are collected during the month of sale, 35% in the following month, 20% in the second following month, and 5%
are never collected. 
 
Total sales for November and December of Year 1 were $25,000 and $40,000, respectively.
What is the expected amount of total cash collections from sales in March?
$26,600
$38,000
$41,600
$43,600
On September 30 of Year 1, a company had finished goods inventory of 2,000 units. Starting in October, the company intends to have an inventory policy of maintaining ending inventory at the end of every month equal to 20% of next month\'s sales.
The forecasted sales for the months October, Year 1 through January, Year 2 are as follows:
October 4,400 units
November 7,000 units
December 8,000 units
January 4,000 units
What is the amount of budgeted production units for October?

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