Wildhorse State sells electronic products. The controller is responsible for preparing the master budget and has accumulated the

information below for the months of January, February, and March.

Balances at January $1$ are expected to be as follows:

The budget is to be based on the following assumptions:

Each month's sales are billed on the last day of the month.

Customers are allowed a $3\%$ discount if their paryment is made within $10$ days after the billing date. Receivables are booked at

gross.

The compary collects $60\%$ of the billings within the discount period, $25\%$ by the end of the month after the date of sale, and

$9\%$ by the end of the second month after the date of sale; $6\%$ prove uncollectible.

It pays $54\%$ of all materials purchases and the selling general, and administrative expenses in the month purchased and the

remainder in the following month. Each month's units of ending irwentory are equal to $130\%$ of the next month's units of

sales.

The cost of each unit of imentory is $$20$

Selling general, and administrative experses, of which $$2,200$ is for depreciation, are equal to $15\%$ of the current month's

sales.

Actual and projected sales are as follows:

$($a$)$

Your answer is incorrect.

Calculate the budgeted cash disbursements during the month of February.

Total cash disbursements for February

eTextbook and Media

Attempts: $2$ of $2$ used

$($b$)$

X Your answer is incorrect.

Calculate the budgeted cash collections during the month of January.

Total cash receipts

eTextbook and Media

$($c$)$

Calculate the budgeted number of units of imventory to be purchased during the month of March.