TB MC Qu. 07-160 (Algo) Webster Corporation's monthly... Webster Corporation's monthly projected general and administrative expenses include $4,300 administrative salaries, $1,700 of other cash administrative expenses, and $2,200 of depreciation expense on the administrative equipment. Compute the total budgeted general and administrative expenses budget per month. TB MC Qu. 07-146 (Algo) Ratchet Manufacturing anticipates... Ratchet Manufacturing anticipates total sales for August, September, and October of $190,000,$200,000, and $210,500 respectively. Cash sales are normally 30% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compute the amount of accounts receivable to be reported on the company's budgeted balance sheet at the end of August. TB MC Qu. 07-137 (Algo) Memphis Company's May sales budget... Memphis Company's May sales budget calls for sales of $890,000. The store expects to begin May with $49,000 of inventory and to end the month with $54,000 of inventory. Gross margin is typically 35% of sales. Compute the budgeted cost of merchandise purchases for May