The following information applies to questions 46 and 47 The following tables show the sales

The following information applies to questions 46 and 47
The following tables show the sales and raw materials purchases budgets of Plooki Limited for the final quarter of 2021:
Month
October
November
December
Sales (units)
3,900
4,300
4,800
Sales ($)
66,300
73,100
84,000
Month
October
November
December
Purchases (kg)
4,000
4,400
5,000
Purchases ($)
32,000
37,400
42,500
Plooki collects 39% of accounts receivable in the month of sale, 60% in the following month, and 1% are expected to go bad. Customers who pay within the first month of sale receive a 1% discount. Plooki settles 48% of its accounts payable in the month of purchase, and the remainder in the following month.
Question 46 (2 marks):
What is the total amount of cash expected to be received during November?
Question 47 (2 marks):
What is the total amount of cash expected to be paid for raw materials during November?

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