OD. $243,000 Time Remaining: 01:59:19 A Hide Time Remaining rt 2 of 25-02 Question 2 of 25 4 Points Tommy's Tomatoes sells tomato cages on account for 515 each. Tommy collects 60% of sales revenue in the month in which the sale was made, and cow in the following month. In June, July, and August, Tommy's Tomatoes expects to sell 18,000, 15,000, and 6,000 cages, respectively. Accounts Receivable as of May 31 totaled $130,000. What are expected cash collections for June? O A $292,000 B. $270,000 G. $238,000 CD. $162,000 Reset Selection Question 7 of 25 4 Points On the budgeted balance sheet, what statement does the Accounts Payable amount come from? O A. Schedule of Expected Cash Collections O B. Schedule of Expected Cash Disbursements O C. Direct Labor Budget D. Manufacturing Overhead Budget Reset Selection A Hide Time Remaining art 8 of 25-08 Question 8 of 25 4 Points O Which of the following is not an advantage of self-imposed budgeting? A. Self-imposed budgets help employees to feel valuable. B. Self-imposed budgets may build in budgetary slack. OC. Self-imposed budgets should be more reliable because workers are more familiar with the processes than upper management. D. Self-imposed budgets may increase commitment to the budget. Reset Selection