2.

b.

Hewitt Company expects cash sales for July of $18,000, and a 15% monthly increase during August and September. Credit sales of $8,000 in July should be followed by 31% increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively? (Round final answers to the nearest dollar.) O A. $23,580 and $9,200 OB. $23,805 and $13,729 O C. $15,652 and $6,107 OD. $20,700 and $10,480 McEwen Company has budgeted the following credit sales during the last four months of the year. September, $11,000; October, $23,000; November $22,000; December, $30,000. Experience has shown that payment for the credit sales is received as follows: 40% in the month of sale, 40% in the first month after sale, 10% in the second month after sale, and 10% uncollectible. How much cash can McEwen Company expect to collect in November as a result of credit sales? O A. $19, 100 OB. $10,300 OC. $18,000 OD. $22,100