ution 1 As of January 1 of the current year, the Grayson Company had accounts receivables of $40,000. The sales for January February, and Manchester 10.000 $140,000, and $150,000, respectively. Of each month's sales, 20% are for cash of the remaining 80% (the credit sales collected in the month or with remaining 40 collected in the following month. What is the total cash collected both from accounts receivable and forth in the month of any? O $107.000 O $121,600 O $64,000 $61.600 Question 20 The amount of income under absorption costing will be less than the amount of income under variable costing when its manufactured: O exceed units sold equal units sold are less than units sold O are equal to or greater than units sold Question 21 Ar the beginning of the period, the Assembly Department budgeted direct labor of $110,000, direct match 510.00 and had to 8.000 hours of production. The department actually completed 9.000 hours of production Awame variable cont dis hours of production. What is the people total bodget for the department, assumingit ses flexible budgeting? $378,000 O $343,000 O $350,000 $305.000 on 22 Given the following and activity antions for Smithson mashed you intermediate calculation C Machine Hours January 5524500 20.000 February 575.000 39.000 March $57.000 22.000 April $64.000 24.500 $5,600 O $2,500 52.830 $8.800