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both requirements please thank you Freddie Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $996,000 in October, $966.000 in

both requirements please
thank you
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image text in transcribed
image text in transcribed
Freddie Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $996,000 in October, $966.000 in Noverteer, $1,030,000 in December, and $93, 000 in dantary Freddie's sales are 30% cash and 70% credit. The companys collection history indicates that credt sales are collected as follows: 20% in the month of the sale 65\% in the month after the sale 8% two months after the sale T\%e are never collected Requirements 1. Prepare a saies budget for all four months, showing the breakdown between cash and credit sales 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar. Requirement 1. Prepare a sales budget for all four months, showing the breakdown betwoen cash and credi sales Freddie Reeds, a manufacturer of saxophone, obo0, and clarinet reeds, has projected smles to be $896,000 in Oetober, $966.000 in November, 51.030,000 in Decamit Freddie's sales are 30% cash and 70% credit. The company's collection history indicates that credit sales are collected as follows: 20% in the month of the sale 65% in the month after the sale 8% two months after the sale 7% are never collected Requirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar. Requirement 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. ophone, oboe, and clarinet reeds, has projected sales to be $896,000 in October, $966,000 in November, $1,030,000 in December, and $934,000 in January. % credit. The company's collection history indicates that credit sales are collected as follows: months, showing the breakdown between cash and credit sales. or December and January. Round all answers up to the nearest doliar: get for all four months, showing the breakdown between cash and credit sales. Freddie Reeds Sales Budget

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