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Beatrice Company estimates that unit sales of its lawn chairs will be 7,800 in October; 8,500 in November, and 9,850 in December Compute Beatrice's sales
Beatrice Company estimates that unit sales of its lawn chairs will be 7,800 in October; 8,500 in November, and 9,850 in December Compute Beatrice's sales budget for the fourth quarter assuming each unit sells for $26.00. October November December 4th Quarter Budgeted sales revenue Getty Company expects sales for the first three months of next year to be $195,000, $235,000 and $310,000, respectively. Getty expects 20 percent of its sales to be cash and the remainder to be credit sales. The credit sales will be collected as follows: 10 percent in the month of the sale and 90 percent in the following month. Compute a schedule of Getty's cash receipts for the months of February and March. February March Budgeted cash receipts
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