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