QUESTION $18.($MCQs$)$

The following information relates to both Item $1$ and Item $2$ below:

The expected sales for a company for July, August and September are $8,000,10,000$ and $12,000$ units respectively. Each unit sells for $30.25\%$ of the sales in each month are for cash and the remainder are on credit. These are paid for in the month following sale.

The company maintains closing stock of finished goods at $25\%$ of expected sales for the following month. $($Note: The opening stocks for July met this requirement$).$ Each unit of production takes $2$ direct labour hours at E$6$ per hour. Labour is paid for immediately.

Item $1.$

The cash inflows from sales for August and September are:

$($a$)$

August

$240,000$

$285,000$

$255,000$

$($c$)$

$($d$)$

September

$300,000$

$345,000$

$315,000$