Pillar Supply Inc. is a wholesaling company, Pillar's budgeted sales revenue and budgeted merchandise inventory purchases for the second quarter are as follows: Month April May June Sales revenue $250,000 $280,000 $310,000 Inventory purchases $160,000 $190,000 $220,000 All sales and purchases are made on account Pillar collects 20% of its receivables in the month of the sale, 70% in the month following the sale, and 10% in the second month following the sale. Pillar pays off 40% of its payables in the month of the purchase and 60% in the month following the purchase. What are Pillar's budgeted accounts receivable on June 302 Cougar Industries is adding a new product line. Cougar projects sales of 50,000 units per year at a selling price of $20 per unit. The estimated annual costs of the new product line include manufacturing costs of $475,000. 40% of which are fixed costs. and selling and administrative expenses of $350.000. 30% of which are fixed costs. What is the contribution margin ratio for Cougar's new product line? O $3.0% O 71.5% 45.0% Kobalt Enterprises, Inc. manufactures wheelbarrows which the company sells for $400 per unit Budgeted sales revenue is $224,000 for March $408,000 for April. and $256,000 for May. The desired ending Inventory (safety stock) is 25% of the next month's budgeted sales. How many units does kobalt need to produce in April? O LOD unit 925 units 0 1115 units