total budgeted cash in December? Budgeted Beg. Invent in November? budgeted ending inventory IN November? Calculate portion of December sales that will be collected in January?

Information pertaining to Safraz Corp.'s sales revenue budget is presented below. Cash sales Credit sales Total sales November $96,000 $288,000 $384,000 December $125,000 $450,000 $575,000 January $78,000 $234,000 $312,000 Management estimates that 4% of credit sales would be uncollectible. Of the collectible credit sales, 70% percent would be collected in the month of sale and the remainder in the month following the sale. The firm desires to begin each month with 60% of the month's projected total sales on hand. All purchases of inventory were to be on account; 30% would be paid in the month of purchase, and the remainder would be paid in the month following the purchase. The purchase costs are 50% of the selling prices