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Juju Company sells fidget spinners. At the beginning of Quarter 1. Juju Company's Accounts Receivable balance was $30,000. in Quarter 1, Juju expects to sell

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Juju Company sells fidget spinners. At the beginning of Quarter 1. Juju Company's Accounts Receivable balance was $30,000. in Quarter 1, Juju expects to sell 15,000 units at $21 per unit. All Juju's sales are on credit with 40% collected in the quarter of the sale, and 60% in the quarter after the sale. What is the amount of Juju's budgeted cash collections for Quarter 1? O $156,000 $126,000 $30,000 $315,000 Floopy corporation produces and sells one product. Budgeted Sales Revenues for four months are shown below: January February March April Budgeted Sales Revenue $ 300,000 $ 310,000 $ 350,000 $360,000 All sales are on credit with 70% collected in the month of the sale and 30% in the following month. What are the expected cash collections for March? O $303,000 $338,000 $353,000 $245,000

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