The controller of Metlock Company estimates sales and production tor the frus four menths of 2022 as follows: Sales are 40% cashand 60% on account, and 60% of credit tales are coliected in the month of the sale, in the month after the sale 400 . of credit saits are cellected it takes 4 kg of direct materials to produce a finizhed unit and direct materiats cost 55 per ke. All direct materials purchases are on account, and are pald as follows: 40W in the month of the purchase and 60 s the following inonth, Endine direct materials inventery for each month is 40W of the neat month's productibn needs Jonuary's besinnine materials inventory is 1.0d0kg Suppose that both accounts recelvable and atcounts paryable are acco at the beginning of January What are the total cosh sales for the danuary March quarter? The controller of Metlock Company estimates sales and production tor the frus four menths of 2022 as follows: Sales are 40% cashand 60% on account, and 60% of credit tales are coliected in the month of the sale, in the month after the sale 400 . of credit saits are cellected it takes 4 kg of direct materials to produce a finizhed unit and direct materiats cost 55 per ke. All direct materials purchases are on account, and are pald as follows: 40W in the month of the purchase and 60 s the following inonth, Endine direct materials inventery for each month is 40W of the neat month's productibn needs Jonuary's besinnine materials inventory is 1.0d0kg Suppose that both accounts recelvable and atcounts paryable are acco at the beginning of January What are the total cosh sales for the danuary March quarter