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10) Wentz Corporation produces and sells one product. The budgeted selling price per unit is $126. Budgeted unit sales are shown below: July August September
10) Wentz Corporation produces and sells one product. The budgeted selling price per unit is $126. Budgeted unit sales are shown below:
| July | August | September | October |
Budgeted unit sales | 7,300 | 11,500 | 14,200 | 12,100 |
All sales are on credit with 40% collected in the month of the sale and 60% in the following month. The expected cash collections for August is closest to:
A) $551,880
B) $579,600
C) $919,800
D) $1,131,480
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