Ortiz Company estimates the following sales for 2021 Q1 200 units Q2-260 units 03-330 units 04- 300 units All sales are on account, and each unit sells for $35. Ortiz Company collects 90% of sales in the quarter of the sale and 10% in the following quarter. At January 1, 2021, the balance in Accounts Receivable is $950. What are total sales for the year? O A $37.100 OB 538,150 C. $39,100 D. 538,050 Required production for the 3rd quarter of 2021 is as follows: July 60,000 units August 80,000 units September 55,000 units Each unit takes 0.3 direct labor hours to complete and employees are paid $12/hour. What is the total direct labor cost for the 3rd quarter of 20217 A. $2,340,000 B. 5877,500 C. $702,000 D. $198,000 Reset Selection Stem Group LLC has the following information for the first quarter of 2021: Total Cash Collections: $4,000 Total Cash Disbursements: $7,000 Beginning Cash Balance: $2,000 Stem Group likes to start each quarter with at least $3,000 in beginning cash. Does Stem Group LLC need additional financing at the end of 1? If yes, how much? A No. B. Yes, $1,000 C.Yes, $4,000 D. Yes, $6,000