The significance of a cash budget is realized by a firm when: Multiple Choice there is a lot of confidence in the sales trends 0 It has a relatively large amount of cash collections scheduled o the contribution margin ratio has been trending downwards. o it may have to negotiate a short-term bank loan 10 Peoria Manufacturing, Inc. has budgeted production for June of 6.000 units and for of 8,000 units Each unit produced requires pounds of raw material A Pena's being very of raw materia A in June is 4.800 pounds and Peons requires 20% of the next month's budgeted production as ending raw material inventory each month The number of pounds of m ental budgeted to be purchased in June is Mimple Choice o 22.400 pounds 24.000 pounds o oo 0 25.600 pounds o 30,400 pounds