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policies and trends, along with relevant information from the sales department, as follows. Sales volume is expected as follows: April, 6 2 5 units; May,

policies and trends, along with relevant information from the sales department, as follows.
Sales volume is expected as follows: April, 625 units; May, 800 units; June, 750 units; and July, 840 units.
Average selling price is expected to be $65 per unit.
Historically, 25% of each month's sales are cash sales.
sales go uncollected.
The A/R balance on March 31 was $10,000, reflecting the remaining collectible amount from March credit sales.
Required
a. Help Tanner prepare the sales forecast for Quarter 2(outlining amounts for each month and for the quarter overall).
b. Prepare the Quarter 2 schedule of cash receipts (outlining amounts for each month and for the quarter overall).
c. Determine the collectible (or net) A/R balance at the end of Quarter 2.
d. How will Tanner's work on the above components assist his supervisor with the budgeted balance sheet for the same period?
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