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Question 2 Accounting Products Co. provides the following sales forecast for the next three months...

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Question 2 Accounting Products Co. provides the following sales forecast for the next three months March April May Sales units 3.100 4,500 5,600 The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. The budgeted production units for April are: 5.900 units 4.775 units. 4,500 units 4,225 units 5,600 units The Gardner Company expects sales for October of $350,000 Experience suggests that con of sales are for cash and 60% are on credit. The company colects of its credite mer of and 65% in the month following sale. What is the amount of Accounted Receivables on the October 31 budgeted balance sheer? $84.000 3227.500 5140,000 $210.000 $73,500 2.5 points Saw Newark Company has budgeted production units of 9800 for July and 10,000 for Auguse. The direct materials requirement per unit is 3 ounces (). The company requires have lety stoof direct materials on hand at the end of each month to complete 25 of the units of budgeted production in the following month. There was 7350 ounces of direct main into the start of Juay The ounces of direct materials to be purchased in July is: 29.400 or 36,900 2 30,000 29,250 29.550 o

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