EX 23-19 Schedule of cash collections of accounts recevable obj. 5 Office Mate Supplies Inc. has "cash and carry" customers and credit customers. Office Mate estimates that 25% of monthly sales are to cash customers, while the remaining sales are to credit customers. Of the credit customers, 20% pay their accounts in the month of sale, while the remaining 80% pay their accounts in the month following the month of sale. Projected sales for the first three months of 2010 are as follows: August $250,000 September 290.000 October 270.000 The Accounts Receivable balance on July 31, 2010, was $200,000, Prepare a schedule of cash collections from sales for August September, and October Total cath Soccedingust, 5300.000 The Svelte Jeans Company produces two different types of jeans. One is called the "Simple Life" and the other is called the "Fancy Life." The company sales budget estimates that 400,000 of the Simple Life Jeans and 250,000 of the Fancy Life will be sold during 2012. The company begins with 3,000 Simple Life Jeans and 12,000 Fancy Life Jeans. The company desires ending inventory of 7,500 of Simple Life Jeans and 10,000 Fancy Life Jeans Prepare a production budget for 2012, ANS Svelte Jeans Company Production Budget For the Year Ending December 31, 2012 Simple Fancy