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***Just need an answer *** please help me choose the correct answer in multiple choices. No need an explanation. Please make it quick. The sales

***Just need an answer ***

please help me choose the correct answer in multiple choices. No need an explanation. Please make it quick.

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The sales budget for Modesto Corp. shows that 17,000 units of Product A and 19,000 units of Product B are going to be sold for prices of $12 and $14, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 3,800 units. The beginning inventory of Product B is 4,300 units. The desired ending inventory of Product B is 4,800 units. Total budgeted sales of both products for the year would be: Multiple Choice 0 $36,000. $204,000. $266,000. $470,0 00. $537,200. 0000 If budgeted beginning inventory is $9,000, budgeted ending inventory is $10,240, and budgeted cost of goods sold is $10,960, budgeted purchases should be: Multiple Choice 0 $720 $1.960 $9,720 $1,240 $12,200 0000 Western Company is preparing a cash budget for June. The company has $10,800 in cash at the beginning ofJune and anticipates $31,200 in cash receipts and $36,900 in cash payments during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company has no loans outstanding. To maintain the $10,000 required balance, during June the company must: Multiple Choice 0 Borrow $4,900. Borrow $10,000. Borrow $5,700. Repay $4,900. 0000 Repay $5,100. Southland Company is preparing a cash budget for August. The company has $17,200 cash at the beginning of August and anticipates $121,200 in cash receipts and $134,700 in cash payments during August. Southland Company wants to maintain a minimum cash balance of $10,000. The preliminary cash balance at the end of August before any loan activity is: Multiple Choice 0 $13,700. $138,400. ($13,500). $3,700. 0000 $27,200. Southland Company is preparing a cash budget for August. The company has $17,300 cash at the beginning of August and anticipates $121,400 in cash receipts and $135,100 in cash payments during August. Southland Company wants to maintain a minimum cash balance of $10,000. To maintain the minimum cash balance of $10,000, the company must borrow: Multiple Choice 0 $0. $10,000. $6,400. $7,300, 0000 $213 00. Chocolate Co. reports the following information from its sales budget: Expected sales: July $ 88,000 August 108,000 September 118,000 Cash sales are normally 25% oftotal sales and all credit sales are expected to be collected in the month following the date of sale. The total amount of cash expected to be received from customers in September is: \fJunior Snacks reports the following information from its sales budget: Expected sales: October $141,000 November 149, 000 December 185, 000 All sales are on credit and are expected to be collected 40% in the month of sale and 60% in the month following sale. The total amount of cash expected to be received from customers in November is: Justin Company's budget includes the following credit sales for the current year: September, $42,000; October, $53,000; November, $47,000; December, $49,000. Credit sales are collected as follows: 10% in the month of sale, 65% in the first month after sale, 23% in the second month after sale, and 2% is uncollectible. How much cash can Justin expect to collect in November as a result of current and past credit sales? Multiple Choice O $46,210. O $47,000. O $51,610. O $37,410. O $48,810.Ruiz Co.'s budget includes the following credit sales for the current year: September, $154,000; October, $145,000; November, $129,000; Decer $166,000. Credit sales are collected as follows: 20% in the month of sale, 55% in the first month after sale, and 25% in the second month after 5 How much cash can the company expect to collect in December as a result of current and past credit sales? Multiple Choice 0 $33,200. $107,200. $104,150. $166,000. 0000 $140,400

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