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Ruiz Company provides the following unit sales forecast for the next three months: The company wants to end each month with ending finished goods inventory

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Ruiz Company provides the following unit sales forecast for the next three months: The company wants to end each month with ending finished goods inventory equal to 200 of the next month's sales. Finished goods inventory on December 31 is 440 units. The budgeted production units for February are: Mitiple Chate 4,200 unts 3.300 unts. 4940 unte 3.400 unts Zhang Industries sells a product for $750. Unit sales for May were 300 and each month's sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $5,000 and a commission of 2% of sales in dollars. Assume 20% of Zhang's sales are for cash. The remaining 80 par are creait sales: these customers pay in the month following the sale. Compute the budgeted cash receipts for June. Multiple Choice: $226,350 $180.000 $185,400 $225.000 $231450

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