obus. Daia Pegarding operations follow: . Sales are budgeted at $350,000 for November, $360,000 for December, and $340,000 for January. The av Collections are expected to be 60% in the month of sale, 39% in the month following the sale, and % ata for Sales and Cash Collections: selling price is $100 per unit. . uncollectible. . The November beginning balance in the accounts receivable account is $70,000. All of it will be collected in November. litional Data for Merchandise Purchases: e use t The csaies information above and the following data. Rather than preparing in units you can prepare in dollars The cost of The company goods sold is 75% of sales ($75 per unit). y desires an ending merchandise inventory equal to 40% of the following month's cost of goods sol ed: re a Schedule of Expected Cash Collections for Nove re a Merchandise Purchases Budget for November and December. November mber