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Tony Corporation manufacturers Product X. Tony expects to sell 80,000 units per month for the next year (2023) with an expected sales price of $100

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Tony Corporation manufacturers Product X. Tony expects to sell 80,000 units per month for the next year (2023) with an expected sales price of $100 per unit. Inventory for Product X is expected to be 6,000 units on December 31st, 2022. In order to maintain the necessary inventory levels, Starting in January, Tony will adopt a policy of having an ending inventory of 10% of next month's sales. Calculate the number of units that need to be produced in the month of January QUESTION # C-2 Calculate the Budgeted Cash Receipts from Customers for the month of January. PLAID Company sales for January 2023 are expected to be: January 2023: $10,000,000 Additional Information: December 2022 Sales: $11,000,00 Sales are 50% Cash Sales and 50% Credit Sales. Customers Accounts are normally collected in the following manner: 50% are paid in the month of sale 45% are paid in the month directly following the sale. 5% are uncollected Required: Calculate the TOTAL Budgeted Cash Receipts for the month of January. (CAREFUL: REMEMBER TO CALCULATE CREDIT AND CASH SALES)

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