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ABC is planning for the tol owing unit sales of productA for January and February. Each unit of productA sells for $12. Sales are 50%
ABC is planning for the tol owing unit sales of productA for January and February. Each unit of productA sells for $12. Sales are 50% cash and 50% credit. 50% of credit sales are collected in the month of sale and the remaining 50% is collected in the month following the sale. The balance in the accoun:s receivable on December 31, of the previous year, is $10,000. January February Unit sales Unit sales Product A 1035 127 Required: Compute the amount of sales revenue ABC can expect to report on its income statement for for the two months ending February 28, 2022. Important Round your answer to two decimal places. Do not use $ signs, commas, or words. For example: enter "1234.00" and not "$1,245.00 per hour"
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