Seventy percent of Pitkin Corporation's sales are collected in the month of sale, 20% in the month following sale, and 10%in t he second month following sale The following are budgeted sales data for the company: January February March April eted sales $200,000 $300,000 $350,000 $250,000 Total budgeted cash collections in April would be Multiple Choice $175,000 $275,000 $70,000 $30,000 Help Save TB MC Qu. 8-36 Budgeted sales in Acer Corporation.. Budgeted sales in Acer Corporation over the next four months are given below September October November December Budgeted sales S120,000 $140,000 $180,000 $160, 000 percen the company s sales are for cash and 70% are on account. Collections or sales on account folo a stable pattern as l o s 50% of a non s c ee sa sare co e ed, then an r collected in the month following sale, and 20% are collected in the second month following sale Given these data, cash collections for December sh be Multiple Choice $141,800 $100,500 $118,700 $161,400 odbac a eb es that 25% of the next month's sales be on hand at the end of each month budgeted sales ot Mas e Cor oration produces and sells Product over the next four months are: harlieb. To guard against stockouts, the company requ June ly August September Budgeted sales in units 40,000 60,000 50,000 80,000 Budgeted production for August would be Multiple Choice 57,500 units 107,000 unns 77000 units 80,000 units TB MC Qu. 9-72 Dermody Snow Removal's cost formula Dermody Snow Removal's cost formula for its vehicle operating cost is $2,970 per month plus $327 per snow-day. For the month of December, the company planned for activity of 21 snow-days, but the actual level of activity was 19 snow-days. The actual vehicle operating cost for the month was $10130. The spending variance for vehicle operating cost in Decernber would be closest to Multiple Cholce $293 U $293 F $947 U $947 F