Memphis Company anticipates total sales for April, May, and June of $800,000, $9 $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sale collected in the same month as the sale, 65% are collected during the first month afte the remaining 5% are not collected. Compute the amount of cash received from total $890,000 $561,500. $817,500 $592,500 $652,500 Question 4 A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the f and 30,000 pairs in the second quarter of the upcoming year. Each pair of boots require raw material. The company aims to end each quarter with ending raw materials invent 20% of the following quarter's material needs. Beginning inventory for this material is the cost per kg is $8. What is the budgeted materials purchases cost for the first quar $576,000. $720,000. $729,600. $672,000. $864,000. Memphis Company anticipates total sales for April, May, and June of $800,000, $9 $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sale collected in the same month as the sale, 65% are collected during the first month afte the remaining 5% are not collected. Compute the amount of cash received from total $890,000 $561,500. $817,500 $592,500 $652,500 Question 4 A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the f and 30,000 pairs in the second quarter of the upcoming year. Each pair of boots require raw material. The company aims to end each quarter with ending raw materials invent 20% of the following quarter's material needs. Beginning inventory for this material is the cost per kg is $8. What is the budgeted materials purchases cost for the first quar $576,000. $720,000. $729,600. $672,000. $864,000