Question 1 will be parts A, B, C, and D

A. Loyal Pet Company expects to sell 4,000 beefy dog treats in January and 6,000 in February for $4.00 each. What will be the total sales revenue reflected in the sales budget for those months?

A.January $1,500; February $1,000

B.January $1,000; February $1,500

C.January $24,000; February $16,000

D.January $16,000; February $ 24000

B. Hewitt Company expects cash sales for July of $11,000, and a 15% monthly increase during August and September. Credit sales of $7,000 in July should be followed by 33% increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively? (Round final answers to the nearest dollar.)

A. $14,630 and $8,050

B. $14,548 and $12,382

C. $12,650 and $9,310

D. $9,565 and $5,263

C. Rubino Corporation desires a December 31 ending inventory of 1,000 units. Budgeted sales for December are 3,450 units. The November 30 inventory was 550 units. What are budgeted purchases in units?

A. 5,000

B. 3,000

C. 4,450

D.3,900

D.

Distribution Corporation collects 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the second month following sale. Budgeted sales for the upcoming four months are:

April budgeted sales	$60,000
May budgeted sales	$130,000
June budgeted sales	$220,000
July budgeted sales	$200,000

The amount of cash that will be collected in July is budgeted to be

A. $70,000

B. $195,000

C.$125,000

D.$184,500