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The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 35% Month following the sale

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The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% - 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. - Labor costs are 25% of sales. Other operating costs are $33,000 per month (induding $10,000 of depreciation). Both of these A. $2,000 B. $18,000 C. $1,000 D. $3,000 Orange Componation has budgeted sales of 18,000 units, targeted ending fnished goods inventory of 8,000 units, and beginning finishod goods invertacy of 3,000 units. How many units should be prodveed neat year? A. 23,000 units B. 18,000 units C. 26,000 units D. 29,000 units targeled lor onding frished goods inventory? A. 39.000 units B. 0,000 unis c. 21,000 units D. 30,000 units The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% - 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. - Labor costs are 25% of sales, Other operating costs are $33,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. - The cash balance on March 1 is $18,000. A minimum cash balance of $3,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. What is the ending cash balance for March? A. $2,000 B. $18,000 C. $1,000 D. $3,000

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