Question 21 (2 points) 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 May budgeted sales June budgeted sales July budgeted sales $50,000 $180,000 $260,000 $160,000 The amount of cash that will be collected in July is budgeted to be $153,000 $212,000 $209,000 $56,000 Question 22 (2 points) Buzz Appliances manufactures two products: Food Processors and Espresso Machines. The following data are available: Food Processors Espresso Makers Sales price $155 $245 Variable costs $80 $150 The company can manufacture two food processors per machine hour and three espresso machines per machine hour. The company's production capacity is 1400 machine hours per month. To maximize profits, what product and how many units should the company produce in a month (assuming unlimited demand for both products)? 150 Food Processors and 285 Espresso Machines 4200 Espresso Machines and O Food Processors 2800 Food Processors and 4200 Espresso Machines 2800 Food Processors and 0 Espresso Machines Question 23 (2 points) A combined cash budget includes all of the following except projected borrowings and repayments. projected cash balance at the end of the month. projected cash collections and cash payments. All of the above are shown on the combined cash budget