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please help me solve this ABC is planning for the following unit sales of product A for January and February 2022. Each unit of product
please help me solve this
ABC is planning for the following unit sales of product A for January and February 2022. Each unit of product A sells for $11. Sales are 50% cash and 50% credit. 50% of credit sales are collected in the month of sale and the remaining 50% is collected in the month following the sale. The balance in the accounts receivable on December 31, 2021, is $10,000. January February Unit sales Unit sales Product A 1078 1260 Required: Compute the amount of sales revenue ABC can expect to report on its income statement for for the two months ending February 28, 2022. Important Round your answer to two decimal places. Do not use $ signs, commas, or words. For example: enter "1234.00" and not "$1,245.00 per hourStep by Step Solution
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