June sales were

$ 22 comma 000$22,000,

while projected sales for July and August were

$ 53 comma 000$53,000

and

$ 74 comma 000$74,000,

respectively. Sales are

4040%

cash and

6060%

credit. All credit sales are collected in the month following the sale. Calculate expected collections for July.

A.

$ 13 comma 200$13,200

B.

$ 40 comma 600$40,600

C.

$ 34 comma 400$34,400

D.

$ 21 comma 200$21,200

McLeod Fries, Inc. has budgeted sales for June and July at

$ 670 comma 000$670,000

and

$ 735 comma 000$735,000,

respectively. Sales are

8585%

credit, of which

7070%

is collected in the month of sale and

3030%

is collected in the following month. What is the budgeted Accounts Receivable balance on July 31?

A.

$ 187 comma 425$187,425

B.

$ 220 comma 500$220,500

C.

$ 624 comma 750$624,750

D.

$ 170 comma 850$170,850

Health Resources expects to sell

490490

units of Product A and

410410

units of Product B each day at an average price of

$ 22$22

for Product A and

$ 30$30

for Product B. The expected cost for Product A is

4343%

of its selling price and the expected cost for Product B is

6161%

of its selling price. Health Resources has no beginning inventory, but it wants to have a

fourfourminusday

supply of ending inventory for each product. Compute the company's budgeted sales for the next

(sevenminusday)

week. (Round the answer to the nearest dollar.)

A.

$ 161 comma 560$161,560

B.

$ 92 comma 320$92,320

C.

$ 12 comma 138$12,138

D.

$ 23 comma 080$23,080

Health Resources expects to sell

490490

units of Product A and

410410

units of Product B each day at an average price of

$ 22$22

for Product A and

$ 30$30

for Product B. The expected cost for Product A is

4343%

of its selling price and the expected cost for Product B is

6161%

of its selling price. Health Resources has no beginning inventory, but it wants to have a

fourfourminusday

supply of ending inventory for each product. Compute the company's budgeted sales for the next

(sevenminusday)

week. (Round the answer to the nearest dollar.)

A.

$ 161 comma 560$161,560

B.

$ 92 comma 320$92,320

C.

$ 12 comma 138$12,138

D.

$ 23 comma 080$23,080