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} Q4 Syarikat Delisya, sells two types of health products, product A and product B. The company is planning for its sales forecast and projected
} Q4 Syarikat Delisya, sells two types of health products, product A and product B. The company is planning for its sales forecast and projected collection for the last quarter of the year 2013. The following information are available: Sales for each product, A & B for August and September are as follows: (a) (b) Month Sales August September Product A RM 36,000 RM 53,000 Product B RM 55,000 RM 68,000 Monthly sales for each product are expected to increase by 5% from the previous month sales. Credit sales are forecasted to be 45% of total sales for each product. Collection for credit sales are as follows: 60% in the month of sales 35% in the first month after sales 5% in the second month after sales Prepare the sales budget for the last quarter of 2013. (8 marks) Prepare a schedule of collections from sales for the last quarter of 2013. (16 marks)
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