Newark Refinery Co. processes raw material D into joint products E and F. Raw material D costs $12 per liter. It costs $100 to convert 100 liters of Dinto 60 liters of E and 40 liters of F. Product F can be sold immediately for $12 per liter or processed further into Product G at an additional cost of $10 per liter. Product G can then be sold for $27 per liter Required: Should product F be sold or processed further into Product G? Do it on the Road Bus Co.'s sales budget for the second quarter is as follows: April May June $175,000 200,000 250,000 All sales are on account (credit) with 50% collected in the month of sale, 40% collected in the following month after sale, and 10% collected in the second month after sale. There are no uncollectable accounts. Required: What would be the budgeted cash collections in the month of June