Question 1 Not yet wwered The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account: Budgeted sales (5) Month Marked out of March 234,000 question May April 198,000 216,000 June 252,000 July 234,000 Management expects to collect 65% of sales in cash in the month in which the sales are made, 35% in the following month, What is the total budgeted receipts from sales for the month of Apr $151,200 $209,700 $196,000 $210,600 Question 2 Not yet answered Marked out of 1.00 Flag question Milo Company manufactures beach umbrellas. The budgeted production is as follows: Month Production in Units July 36,000 August 67,000 September 45,500 October 18,500 Each beach umbrella requires 4 feet of Gilden, a material that is sometimes hard to acquire. Therefore, the company requires that the ending inventory of Gilden be equal to 50% of the following month's production needs. The inventory of Gilden on hand at the beginning the quarter is 72000 teet on 30 Juno. Gilden costs $0.80 per foot What is total budgeted cost of raw material (Gilden) to be purchased for the month of August $180,000 $188,800 $248,800 $102,400 Which phrase best describes the current role of the managerial accountant? Question 3 Not yet answered Marked out of 100 Flag question Managerial accountants make the key decisions within an organization Managerial accountants prepare the taxation computations of the business Managerial accountants facilitate the decision-making process within an organization Managerial accountants calculate the cost of a product. Question 5 Not yet answered 1 Marked out of 100 Flag Question 11 Which of the following are examples of External Data II and IV Trade Journals I and I ill only Machine Capacity Report Data collected through Telephone interviews from customers to find their opinion about a product W Production Department Reports il and