Question 5 A June sales forecast projects that 5,000 units are going to be sold at a price of $11.00 per unit. The desired ending inventory of units is 15% higher than the beginning inventory of 600 units. Merchandise purchases for June are projected to include how many units? 5,000 units O 5,090 units 0 4.910 units 5,690 units 5,300 units D Question 6 A sporting goods store purchased $8,750 worth of ski boots in October. The store had $3,750 of ski boots in inventory at the beginning of October and expects to have $3,000 of ski boots in inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October? O $6,750 O $8,750 $9.500 O $11.750 O $12,500 Julia's Candy Co. reports the following information from its sales account and sales budget: Sales May June $105.000 93.000 July $90.000 Expected Sales: August September 110.000 120.000 Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of sale. Based on the information from Julia's, the total amount of cash expected to be received from customers in September is: $30.000 $82.500 $112.500 $120.000 S202.500