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(12 Points) ss) Craney Corporation makes one product and it provided the following information to help prepare t budget for the next four months of
(12 Points) ss) Craney Corporation makes one product and it provided the following information to help prepare t budget for the next four months of operations: The budgeted selling price are 7,100, 8,300, 13,700, and 13,600 units, respectively. All sales are orn Regarding credit sales, 20% are collected in the month of the sale and 80% in the following month. The ending finished goods inventory equals 40% of the following month's sales. per unit is $87. Budgeted unit sales for January, February, March, and April . . Required What are the budgeted sales for February? a. b. What are the expected cash collections for February? According to the production budget, how many units should be produced in February? c
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