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QUESTION 3 This is the first month of production ever. Sales are 40 units for this month and 50 units for next month. Desired ending

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QUESTION 3 This is the first month of production ever. Sales are 40 units for this month and 50 units for next month. Desired ending inventory is 10% of next month's sales. How much should be produced? 40 90 45 54 QUESTION 4 20% of sales are paid for with cash. Of credit sales, 50% are paid for in the month of sale and SOM are paid for in the month following the sale. This month had $1,000 in sales. How much cash is collected this month for this month's sales? (Be careful to notice some sales are cash, some credit $500 $600 $200 $700

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