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E8-11 (Algo) Calculating Cash Receipts [LO 8-4] Shadee Corporation expects to sell 510 sun shades in May and 330 in June. Each shades sells for
E8-11 (Algo) Calculating Cash Receipts [LO 8-4] Shadee Corporation expects to sell 510 sun shades in May and 330 in June. Each shades sells for 510 , 5 hadee's beginning and ending finished goods inventones for May are 80 and 50 shades. respectively. Ending finished goods inventory for June wil be 50 shades: It expects the following unit sales for the third quarter Sixty percent of Shadee's sales are cash Of the credit sales, 50 percent is collected in the month of she sale, 39 percent is collected during the following month, and 11 percent is never collected Required: Calculate Shadee's total cash receipts for August and September. Note: Do not round your intermediate colculations. Round your answers to the nearest whole dollor
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