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PLEASE show work, not excel Budgeting (Casb) Double Tongues, Ine. provides online lessons in speaking a foreign larcuage. The firm curmenly sells its monthly membership
PLEASE show work, not excel
Budgeting (Casb) Double Tongues, Ine. provides online lessons in speaking a foreign larcuage. The firm curmenly sells its monthly membership for \$13.40/unit. While they sell 25%6 cash membxrshine, the remaining 75% of sales are on credit. The credit sales are collected as follows.30\% in the month of the sale, 54% in the month following the sale, and 14%6 in the second mouth following the sale. 2% remains uncollectible over this period. During the period the firm also uses cash to pay for production expenses Spocifically, the firm spends SS.50/unit and poys in cash for all units sold during the month. Sales for the next several months are given below: 28. How much cash will be collected in APRIL from APRIL sales? A. $340,226.0 B. $85,056.5 C. $76,550.85 D. $161,607.35 29. How much cash will be collected in APRIL from MARCH sales? A. $71,205.26 B. $128,169.46 C. $35,723.73 D. $37.976.14 30. How much cash will be collected in APRIL from FEBRUARY sales? A. 5118,357.44 B. 5292,240.6 C. $4,383.61 D. $30,685,26 Step by Step Solution
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