PRINTER VERSION BACK Question 6 Bruno Industries expects credit sales for Innuary, February, and March to be $196,500, 270,300, and $310,400, respectively. It is expected that 80% of the sales will be collected in the month cm sale, and 20% will be collected in the following month. Calculate cash collections from customers for each month BRUNO INDUSTRIES Schedule of Expected Collections Collections by Month Sales Jan Feb Mar Total January February March Total Collections LINK TO TEXT BACK Questions Rajiv Company has completed all of its operating budgets. The sales budget for the year shows 46,100 units and total sales of $1,982,300. The total cost of making one unit of sales 123. It estimates selling and administrative expenses to be $293,000 and income taxes to be $188,700. Prepare a budgeted income statement for the year ending December 31, 2020 RAJIV COMPANY Budgeted Income Statement For the Year Ending December 31, 2020 TO TEXT Question Rado Company cassifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $26,000 in the first quarter, and expects $4,500 Increments in the remaining quarters of 2020. It expects fixed expenses to be $42.100 in each quarter, Prepare the selling and administrative expenses budget by quarters for 2020, RADO COMPANY Selling and Administrative Expense Budget For the Year Ending December 31, 2020 Quarter 4 Year Variable costs $ Fiored costs Total Question 3 Savage Ltd. expects variable manufacturing overhead couts to be 518,200 in the figurer of 2020. With $4,400 increments in each of the remaining the quarters it estimates freed werhed costs to be $33,300 in each quarter. Prepare the manufacturing overhead budget by quarters for the year. SAVAGE LTD. Manufacturing Overhead Budget For the Year Ending December 31, 2020 Quarter 2 4 Year Variable costs Fixed costs Total