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Crocetti Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: $

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Crocetti Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: $ 121 Budgeted selling price per unit Budgeted unit sales (all on credit): January February March April 7,000 7,500 11,900 14,900 Credit sales are collected: 40% in the month of the sale 60% in the following month The budgeted accounts receivable balance at the end of February is closest to: Multiple Choice $363,000 $907,500

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