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1)ABC Corp has the following sales data forecast for the next year Q1 Budgeted sales in units 4,960 Q2 Budgeted sales in units 6,200 Q3
1)ABC Corp has the following sales data forecast for the next year Q1 Budgeted sales in units 4,960 Q2 Budgeted sales in units 6,200 Q3 Budgeted sales in units 7,440 Q4 Budgeted sales in units 6,820 Selling price/ per unit $ 12.40 Sales collection in current quarter 65% Sales collection in next quarter 30% Uncollectible 5% Last year outstanding A/R $49,910.00 Last year
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