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Please complete all parts correctly (as best as possible). Crew Clothing (CC) sells women's resort casual clothing to high-end department stores and in its own

Please complete all parts correctly (as best as possible). image text in transcribed
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Crew Clothing (CC) sells women's resort casual clothing to high-end department stores and in its own retail boutiques. CC expects sales for January, February, and March to be $350,000,$410,000, and $430,000, respectively. Twenty percent of CC's sales are cash, with the remainder collected evenly over two months. During December, CC's total sales were $660,000. CC is beginning its budget process and has asked for your help in preparing the cash budget. Compute CC's expected cash receipts from customers for each month. Garfield Corporation expects to sell 1,600 units of its pet beds in March and 500 units in April. Each unit sells for $160. Garfield's ending inventory policy is 40 percent of the following month's sales. Garfield pays its supplier $30 per unit. Compute Garfield's budgeted purchases of pet beds for March

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