o Question Help Brass and More, Las, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be as.000 in October, 554,000 in November, $1.050.000 in December, and $32,000 in January. The company's sale wre 20% cash and 80% credit and collection history indicates that credit sales are collected as follows 28% in the month of the sale 66% in the month after the sale 4% two months after the sale 2% are never collected Requirements 1. Prepare a sales budget for all four months showing the breakdown between cash and credite 2. Prepare a cath collection budget for December and January Round an answers up to the nearest dolar Requirement 1. Prepare a sales budget for all four months showing the breakdown between cash and credit sales (Round all answers up to the rest dollar) Brass and More, Lid. Sales Budget October November December January Cash sales $ 179,000 $ 150.800 $ 210,000 186.400 Credit sales 716,000 763 200 840,000 745.000 $ 895.000 Totales 054.000 $150,000 3 932.000 Requirement 2. Prepare a cash colection budget for December and January (Round all answers up to the nearest dollar) Brass and More, Lid Budgeted Cash Collections from Customers December January Cash sales 210000 10400 Collection of credit sales Enter any number in the ed olds and then click Check Answer All parts showing CA Check Answer %E9-33A (similar to) Question Help Brass and More, L. a marutacturer of phone, oboe, and clarinet reede, has projected to be so.com October 5854,900 in November 31,060,000 in December, and $32,000 in January. The company's sales are 20% cash and 80% credit and collection or indicate that credit ses collected as follows 28% in the month of these 00% in month after the sale 4% two months after the sale 2% are never collected Requirements 1. Prepare a sales budget for at four towing the breakdown between cash and credit 2. Prepare a cash colection budget for December and January Hound at wwers up to the real do 762200 Credits 140.000 745.600 125.000 154.000 51050 000 12.000 Requirement 2. Prepare a cash colection but for December and January (Round answers up to the nearest dollar Brass and More, Lid Budgeted Cash Collection from Customer December January 210000 1660 Cash sales Collection of credit salos 25% of current month credits 60% of promoth cred sales 4% of credit to hapo Total cost of credits Toscash collections mm.com