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500 Problem 4 (15 points): Fedor, Inc. has prepared the following Sales Budget: Based on prior exper sale 40% All sales are on account; 2)

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500 Problem 4 (15 points): Fedor, Inc. has prepared the following Sales Budget: Based on prior exper sale 40% All sales are on account; 2) 30% of sales are collected in the month or 2% are are collected the following month, 28% are collected the next mo noncollectable. Prepare the Sales Budget for August onth, 2% are September and October Budgeted Sales Month $68,000 78,70 70,20 une ul August September ctober

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