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Houseman, Inc. anticipates sales of 57,000 units, 55,000 units, and 58,000 units in July, August,...

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Accounting

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Houseman, Inc. anticipates sales of 57,000 units, 55,000 units, and 58,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 20% of the following month's sales. On the basis of this information, how many units would the company plan to produce in July? 8 04:28:17 Multiple Choice Print O 57,400. O 56,600. O 55,000 O 55,400. O None of the answers is correct. Gallonte Inc. began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 25% are collected in the month of sale; 55% are collected in the first month after sale, and 20% are collected in the second month after sale. If sales for April, May, and June were $57,000, $77,000, and $67,000, respectively, what were the firm's budgeted collections for June? 8 04:28:07 Multiple Choice Print $16,750. $50,600. $59,100. $70,500. None of the answers is correct

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