The following information pertains to Monroe Company: Month Purchases January February March Sales $64,000 $88,000 $107,000 $39,000 $40,000 $59,000 Cash is collected from customers in the following manner: Month of sale 30% Month following the sale 70% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 30% of sales. Other operating costs are $39,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $8,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. How much cash will be paid to suppliers in March? A. $102,600 B. $47,600 C. $59,000 D. $98,000 The following information pertains to Monroe Company: Month Sales January February March $65,000 $81,000 $106,000 Purchases $39,000 $45,000 $60,000 Cash is collected from customers in the following manner: Month of sale 30% Month following the sale 70% 40% 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 $40,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $8,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. How much cash will be disbursed in total in March? A. $66,500 B. $117,500 O C. $56,500 OD. $107,500 The following information pertains to Monroe Company: Month January February March Sales $69,000 $87,000 $101,000 Purchases $36,000 $50,000 $64,000 . Cash is collected from customers in the following manner: Month of sale 40% Month following the sale 60% 45% 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 $38,000 per month (including $8,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $20,950. 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. $3,000 B. $2,350 C. $20,950 D. $2,000 The following information pertains to Monroe Company: Sales Month January February March $61,000 $82,000 $109,000 Purchases $40,000 $50,000 $58,000 . Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 30% of sales. Other operating costs are $38,000 per month (including $8,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $9,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. . . How much cash will be collected from customers in March? A. $109,000 B. $91,450 C. $99,550 D. $120,150