Questions 30 and 31 are based on the following data The Khaki Company has obtained the following sa sales budget data: March $300,000 S 80,000 April $320,000 s 70,000 January Credit Sales Cash Sales February $350,000 s 90,000 $ 70,000 , 50% in the month month of sale. There are no The regular pattern of collection of credit sales is 40% in the month of sale. following sale, and the remainder in the second month following the bad debts. 30. The budgeted cash receipts for April would be: a. $350,000. b. $320,000, c. $313.000 d. $343,000. e. None of the above. 31The budgeted accounts receivable balance on February 28 would a. $250,000. b. $210,000. c. $175,000. d. $215.000. e. None of the above. 32. The materials price variance should be computed: a. When materials are purchased b. When materials are used in production. e. Based upon the amount of materials used in production when only a portion of materials purchased is actually used. d. Based upon the difference between the actual quantity of inputs and the standard quantity allowed for output times the standard price. 33. The materials quantity variance should be computed: When materials are purchased. Based upon the amount of materials used in production when only a portion of materials purchased is actually used. Based upon the difference between the actual and standard prices per unit times the actual quantity used a. b. c. d. None of the above