Ivory Inc. has forecast purchases on account to be $310,000 in March, $370,000 in April, $420,000 in May, and $490,000 in June Seventy percent of purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash payments for June? Multiple Choice 5294000 5460.000 5343,000 421000 Walnut has forecast sales for the next three months as follows: July 4,000 units, August 6,000 units, September 7,500 units Wolnut's policy is to have an ending Inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 1,500 units. Selling and administrative costs are budgeted to be $15,000 per month plus $5 per unit sold. What are budgeted selling and administrative expenses for September? Multiple Choice O $30.000 O $52.500 0 532,500 567.500