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prepare cash collection Ahmad Inc. manufactures scooters; Management is now preparing detailed budgets for the second quarter, April through June, and has prepared sales budget

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image text in transcribed prepare cash collection
Ahmad Inc. manufactures scooters; Management is now preparing detailed budgets for the second quarter, April through June, and has prepared sales budget Listed below. April May June October Sales budget 6,000 9,000 23,000 8.000 a All sales on account, Based on past experience, sales are expected to be collected in the following pattern: 60% 35% 5% in the month of sale in the month following sale Uncollectible Selling price is $40 b. May sales is 147,00 and June sales is $150,000. Required: First you need to prepare below budgets then answer the questions below 1. Prepare sales budget in dollar by month and for the third quarter 2. Prepare schedule of expected cash collections, by month and for the third quarter. Questions: What is the total amount of account receivables ? (Schedule of Expected Cash collection) Question Completion Status: 2. What is the Production budget for the quarter (Production Budget) 18100 QUESTION 5 Ahmad Inc. manufactures scooters; Management is now preparing detailed budgets for the second quarter, April through June, and has prepared sales budget listed below. April May June October Sales budget 6,000 8,000 9,000 23,000 a All sales on account, Based on past experience, sales are expected to be collected in the following pattern: 60% 35% 5% in the month of sale in the month following sale Uncollectible a Selling price is $ 40 b. May Sales is $147,000 and June sales is $150,000. Required: First you need to prepare below budgets then answer th. ons 1. Prepare sales budget in dollar by month and for the third quarter 2. Prepare schedule of expected cash collections, by month and for the third quarter. Questions: 1- what is the budgeted sales in dollar for the quarter. (Budget sales in dollar) Click Save and Submit to save and submit. Click Save All Answers to save all Save Al Answers Close MacBook Air

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