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The following information is available: (i) The selling price per unit is f9 It will increase to UND9.50 per unit from April and in subsequent month: 25% of budgeted sales revenue is expected to be received in the month of sale. 70% of budgeted sales in the following month , while 5% of budgeted sales are expected to result in bad debts. (ii) The budgeted number of units in inventory at the end of each month is equal to the budgeted sales for the following month. (iii) The business is seasonal, and, as indicated in the above budget.results in April are expected to be similar to those in January. There is a three-month cycle, so the results in May and June are expected to be similar to those in February and March respectively. Select the correct answer from the drop down list. What is the total amount of cash collected in the month of March? ￡95,600 ￡97,500 ￡78,500 ￡96,300

Question 3 The following extract is taken from the sales budget for UHertz Plc: Sales activity 50% 70% Budgeted Production units ￡188,000 E263,200 What is the production budget for a sales activity level of 85% Select the correct answer from the options below E319,600 ￡456,500 E287,400 ￡235.900 4 pts

Question 3 Which of the following statements is true about production budget? Select the correct answer from the options below Proctucrion buciget=Sales - Opering inventory + Closing invertory Production butiget ast Sales + Opening inventory + Closing inventory Production budget ast Sales - Overing inventory - Closing inventorsurd Procaution pooget=Sales + Openngg (0,vertiovy+Closingin entory + Expenses) 4 pts

Question 4 Which of the following statement(s) is/are true about a cash budget? (Select the correct answer from the options below the statements) (1) A cash budget informs about whether or not there will be a cash surplus / deficit (2) A cash budget informs about the assets and liabilities of a given entity (3) Acash budget informs about the depreciation costs of assets (1) only (1) and (2) All of the above None of the above 4 pts

The following extract is taken from the sales budget for UHertz Plc: Sales activity 50% 70% Budgeted Production units ￡188,000 E263,200 What is the production budget for a sales activity level of 85% Select the correct answer from the options below E319,600 E456,500 ￡287,400 ￡235,900