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Please answer the following questions:Q1 Olus African Sculptures is preparing their budgeted financial statements for...

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Accounting

Please answer the following questions:Q1 Olus African Sculptures is preparing their budgeted financial statements for the coming year, and has accumulated the following data:Beginning-of-period balances: Cash:$65,000Accounts Receivable:$40,000Raw Materials Inventory:$30,000Work in Process Inventory:$150,000Finished Goods Inventory:$30,000Equipment (historical value):$275,000Accumulated Depreciation:$125,000Accounts Payable:$45,000Estimates for end-of-period balances: Accounts Receivable:$20,000Raw Materials Inventory:$12,500Work in Process Inventory:$90,000Finished Goods Inventory:$8,000Accumulated Depreciation:$115,000Accounts Payable:$27,000Budgeted activity levels for the period: Sales (# units at a sales price of $205/unit):20,000 unitsPurchases of Direct Materials:$290,000Direct Labor Wages:$170,000Manufacturing Overhead:$210,000Selling and Administrative Expenses:$775,000
What is the budgeted cas received from customers?

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