Lawrence Co. reports the following sales budget of its product, X2X, for the next four months: January 480 units, February 580 units, March 600 units, and April 500 units. On January 1 there are 50 units of X2X in finished goods inventory. Lawrence budgets to have 100 units of X2X on hand at the end of each month. Each finished unit of X2X requires 2 pounds of raw materials, and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. The beginning raw materials inventory for January was 600 pounds. Assume direct materials cost $3 per pound. How many units of X2X is Lawrence budgeted to manufacture in February? on 2 O out of 10 points Rochet Company has budgeted the following amounts for sales and purchases in Q4 of FY2021; October sales of $70,000 and X purchases of $50,000; November sales of $90,000 and purchases of $65,000; and December sales of $120,000 and purchases of $30,000. Sales are collected in the month of the sale and payments for purchases are made in the month following the purchase. Selling expenses are 10% of sales and administrative expenses are 15% of sales. Both of these expenses are paid in the month of sale. Rent expense of $6,000 is paid monthly. Depreciation expense of $3,000 is recognized each month. What is the net amount (cash collections less cash expenditures) of cash collected in December