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Production and sales estimates for May for Cardinal Co. are as follows: The number of units expected to be sold in May is a. 29,160

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Production and sales estimates for May for Cardinal Co. are as follows: The number of units expected to be sold in May is a. 29,160 b. 24,300 c. 21,870 d. 14,600 Production and sales estimates for March for Robin Co. are as follows: The number of units expected to be manufactured in March is a. 27,600 units b. 27,000 units c. 21,600 units d. 24,000 units Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $246,000,$307,000, and $426,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale and 30% in the month following the sale. The cash collections expected in October are a. $293,275 b. $282,520 c. $270,320 d. $221,120 Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of businessSeptember, October, and November-are $230,000,$307,000, and $411,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in November from accounts receivable are projected to be: a. $187,180 b. $273,140 c. $230,160 d. $327,768

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