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Chapter 22 Graded HW #1 A Saved Help Save C 1 QS 22-4 (Algo) Sales budget LO P1 5 points Scora Incorporated sells a single
Chapter 22 Graded HW #1 A Saved Help Save C 1 QS 22-4 (Algo) Sales budget LO P1 5 points Scora Incorporated sells a single product for $50 per unit. Budgeted sales units for the next three months follow. January February March 1,800 Budgeted sales units 1,200 2,900 eBook Prepare a sales budget for the months of January, February, and March. Print References SCORA INC. Sales Budget January February March Budgeted sales units Selling price per unit Total budgeted sales 2 QS 22-18 (Algo) Schedule of cash receipts LO P2 X-Tel budgets sales of $85,000 for April, $135,000 for May, and $65,000 for June. points Sales are 40% cash and 60% on credit. All credit sales are collected in the month following the sale. Total sales for March were $12,000. Prepare a schedule of cash receipts from sales for April, May, and June eBook Print X-TEL References Schedule of Cash Receipts from Sales April $ 85,000 $ May 135,000 June 65,000 Sales $ Cash receipts from Total cash receipts
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