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Parker Corp, which operates on a calendar year, expects to sell 4,500 units in October, and expects soles to increase 10% each month thereafter. Seles

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Parker Corp, which operates on a calendar year, expects to sell 4,500 units in October, and expects soles to increase 10% each month thereafter. Seles price is expected to stay constant at $16 per unit. What are budgeted revenues for the fourth quarter? Multiple Choice $72,000 $216,000 $237,600 $238,320 Lea Company produces hand tools, Budgeted sales for March are 10,500 units. Beginning finished goods inventory in March is budgeted to be 1,500 units, and ending finished goods inventory is budgeted to be 1,900 units. How many units will be produced in March? Multiple Choice 10,900 10.500 O 10100 13.000 Grover has forecast sales to be $131,000 in February $135,000 in March, $155.000 in April, and $149,000 in May. The average cost of goods sold is 75% of sales. All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following. What are budgeted cash receipts in March? Multiple Choice $137.400 $133,400 O $94,100 $96,900

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