[brigada510]

I am stuck with these two problems, any help is appreciated :).
1)
The Adams Company, a merchandising firm, has budgeted its activity for November according to the following information:

• Sales at $452,000, all for cash
• Merchandise inventory on October 31 was $193,000.
• The cash balance November 1 was $10,000.
• Selling and administrative expenses are budgeted at $59,500 for November and are paid for in cash.
• Budgeted depreciation for November is $24,700.
• The planned merchandise inventory on November 30 is $249,000.
• The cost of goods sold is 65% of the selling price.
• All purchases are paid for in cash.
The budgeted cash receipts for November are:
a. $476,700
b. $158,200
c. $293,800
d. $452,000
2)
Castil Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 1.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows:

August 20,400 units
September 21,800 units
October 21,700 units
November 20,200 units
December 21,400 units

The company wants to maintain monthly ending inventories of Jurislon equal to 30% of the following month's production needs. On July 31, this requirement was not met since only 9,000 kilograms of Jurislon were on hand. The cost of Jurislon is $4.2 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months.
The desired ending inventory of Jurislon for the month of September is:
A. $41,202
B. $21,800
C. $21,700
D. $41,013

Thank you!

[brigada510]

Thanks for the help guys ! (o_0)