ABC Corporation makes one product and it provided

the following information to help prepare the master

budget for the next four months of operations:

A$.$ The budgeted selling price per unit is $$111.$

Budgeted unit sales for April, May, June, and July

are $7,100$ units, $10,100$ units, $13,300$ units, and

$14,000$ units, respectively.

B$.20\%$ of sales are cash sales; $80\%$ of sales are

credit sales.

C$.$ Regarding credit sales, $40\%$ are collected in the

month of the sale and $60\%$ in the following

month.

Calculate the budgeted cash received from customers

for the month of May.ABC Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:

The budgeted selling price per unit is $$111.$ Budgeted unit sales for April, May, June, and July are $7,100$ units, $10,100$ units, $13,300$ units, and $14,000$ units, respectively.

$20\%$ of sales are cash sales; $80\%$ of sales are credit sales.

Regarding credit sales, $40\%$ are collected in the month of the sale and $60\%$ in the following month.

Calculate the budgeted cash received from customers for the month of May.