stion 3 21 points The Cougar Company manufactures brass cougars. The number of cougars to be produced in the upcoming three months follows: Number of cougars to be produced in July 12.000 Number of cougars to be produced in August 15.000 Number of cougars to be produced in September 10,000 Each cougar requires 2 pounds of brass. The company has a policy that the ending inventory of brass each month must be equal to 20% of the following months expected production needs. If brass costs 53 per pound how many dollars should The Cougar Company budget for direct materials purchases in August? 584,000 572.000 560.000 5120,000 westion 4 McEwen Company has budgeted the following credit sales during the last four months of the year. September. 516.000: October $22.000 November 521.000 December 22.000 Experience has shown that payment for the credit sales is received as follows: 20in the month of sale. 55 in the first month after sale 20% in the second moned uncollectible. How much cash can McEwen Company expect to collect in November as a result of credit sales? 515.300 $19,500 519.750 516,300