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Managerial accounting Time left 0:27.59 Dolce Co. estimates its sales at 180,000 units in the first quarter and that sales will increase by 18,000 units
Managerial accounting
Time left 0:27.59 Dolce Co. estimates its sales at 180,000 units in the first quarter and that sales will increase by 18,000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25. 30% of the sales are for cash. 65% of the credit customers pay within the quarter and 5% will not be collected from the succorers.. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at O a. $3,051,000. O b. $4,428,000. O c. $5,319,000. O d. $5,156,000. e. None of the answers is correct Clear my choiceStep by Step Solution
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