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Greens Company sales and unit prices are as follow.Monthly sales are budgeted in units as follows: 2 8 , 0 0 0 for October, 2

Greens Company sales and unit prices are as follow.Monthly sales are budgeted in units as follows: 28,000 for October, 20,000 for November, and 25,600 for December.The sales prices are $10 for October, $12 for November and $ 12.5 December.The experience has shown that 50% percent of the sales of Greens Company sales are for cash.The rest are on credit with 70% of the credit sales are collected in the month of sale, 20% in the month following sale, and 5% in the second month following sale. The remainder is expected to be uncollectible. Requirement:i) Prepare a schedule of sales for the quarter andii) Prepare expected cash collections for the month of December.Hints and Reference:Lecture and reading material on Budget Planning & Control Part II and Part I

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