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Current Attempt in Progress Sunland Company's budgeted sales and direct materials purchases are as follows: Budgeted Sales Budgeted D.M. Purchases April $276,000 $42.000 May 327,000

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Current Attempt in Progress Sunland Company's budgeted sales and direct materials purchases are as follows: Budgeted Sales Budgeted D.M. Purchases April $276,000 $42.000 May 327,000 52.opo 65,000 June 357.000 Sunland's sales are 40% cash and 60% credit. Credit sales are collected 20% in the month of sale, 50% in the month following sale, and 26% in the second month following sale: 4% are uncollectible. Sunland's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month following the purchase and 60% in the second month following the purchase. (a) Prepare a schedule of expected collections from customers for April, May and June Sunland Company Schedule of Expected Collections from Customers Prepare a schedule of expected collections from customers for April, May, and June Sunland Company Schedule of Expected Collections from Customers April May Sales Jun April $ $ May June Total Collections e Textbook and Media Save for Later Attempts: 0 of 2 used Sun Antwer (b) Sunland Company Schedule of Expected Collections from Customers Sales April May June $ $ s e Textbook and Media Attempts: 0 of 2 used Submit Answer Save for Later G (b)

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