1 Symons Manufacturing is in the final stages of preparing its master budget for 2021. 2 3 Required: 4 1. 5 6 The following data has been provided regarding sales and the expected collection pattern: 7 Budgeted sales: 8 9 Budgeted sales in units Sales in dollars January February March April 9,000 10,500 11,000 10,000 $108,000 $126,000 $132,000 $120,000 10 11 12 13 Cash sales Credit sales (sales on account) 25% 75% 14 15 The collection pattern for the credit sales has traditionally been as follows: 16 17 20% Month of sale First month following sale Second month following sale 18 19 20 21 50% 30% Calculate the total expected cash collections for the month of April. (5 marks) 22