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June sales were $33,000, while projected sales for July and August were $47,000 and $67,000, respectively. Sales are 60% cash and 40% credit. All credit
June sales were $33,000, while projected sales for July and August were $47,000 and $67,000, respectively. Sales are 60% cash and 40% credit. All credit sales are collected in the month following the sale. Calculate expected collections for July COMO O A. $13,200 O B. $28,200 O C. $41,400 O D. $38,600 Culinary Enterprises manufactures cookware sets and sells the sets to department stores Culinary expects to sell 2 200 cookware sets for $200 each in April and 3,400 cookware sets for $215 each in May. Sales are 20% cash and 80% on account Compute the total budgeted sales for May O A. $731,000 O B. $584,800 OC. $440,000 D. $146,200
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