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can you finish answering this question? Managerial Accounting Chapter 9- Budget Excel Spreadsheet Complete and Retum Course Mail Attachment Budgeted sales are expected to be:
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Managerial Accounting Chapter 9- Budget Excel Spreadsheet Complete and Retum Course Mail Attachment Budgeted sales are expected to be: April May June July Au ust Selling Price 40,000 301 ooo 20 35,000 30,000 0 Units units Units units units Per unit Prepare the Budgets for second quarterll 1) Sales Budget with expected Cash Collections All sales are on account. The company collects 60% in month of sale and 35% in the following month. The remaining 5% is uncollectable. March 31 AR is 40,000 and all is collectable Month Of sale Collections Following month collections Sales Budget Budgeted sales in units Tmes selling price per unit Budgeted sells in dollars Schedule Of Cash Collections 35% April 40,000 May 30,000 June 20,000 Quarter 90,000 Check # 1,800,000
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