Jestion 23 ot yet swered The Hurley Company's actual November and December unit sales and estimated unit sales for the following four months as follows: November Actual Time left 2:52:18 larked out of 0.00 6,700 December Actual 9,800 Flag question January Estimated 6,200 February March April 8,900 6,600 7,100 The company's inventory policy is to hold enough inventory at the end of the month to meet 30% of next month's sales requirements. Each inventory item costs $1.75. Cash disbursement on purchases is made as follows: 40% is paid in the month of purchase and 60% is paid in the month following purchase. Each items sells for $4.00 and cash collection patterns are as follows: % of sales made for cash Credit sales are collected as follows- 20% In the month of sale In the month following sale 35% 40% In the second month following sale 23%. Uncollectible Required - 2% 22C Partly sunny Activate Windows Go to Settigs to ac Window FEED ENG 08:37 15-08-201