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I'd really appreciate it if you could answer 24&25. thanks!! 24. Acme...

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Accounting

I'd really appreciate it if you could answer 24&25. thanks!! image
24. Acme Company has observed its accounts receivable collection pattern to be as follows: 40% in the month of the sale, 45% in the month following the sale, and 13% in the second month following the sale. Sales for the last three months of the year were as follows: October, $300,000 November. $450,000, and December. 5625,000. Sales for January are budgeted to be $375,000. What are the budgeted cash collections for January? a. $375,000 b. $489,750 C. $495,750 d. $625,000 e. none of the above 25. Scooter Corp. has forecast sales as follows: July 30.000 units: August, 35,000 units and September 40,000 units. Finished goods inventory as of July 1 is forecast to be 10.000 units. Finished goods inventory of 20% of the following month's sales needs is desired. Each finished unit requires 5 pounds of raw material The raw materials inventory level on July 1 was 202,500 pounds and the expected raw materials inventory level on July 31 will be 270,000 pounds. How many pounds of raw material should be purchased in July? a. 27.000 pounds b. 40,500 pounds C. 135,000 pounds d. 202,500 pounds

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