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19. AirQual Test Corporation produces and sells one product. The budgeted selling price per unit is $80. Budgeted unit sales for January, February, March, and
19. AirQual Test Corporation produces and sells one product. The budgeted selling price per unit is $80. Budgeted unit sales for January, February, March, and April are 7,600, 15,000, 12,400, and 12,000 units, respectively. All sales are on credit with 70% collected in the month of the sale and 30% in the following month. The expected cash collections for February is closest to: a) $826,560 b) $1,022,400 c) $443,560 d) $1,673,200
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