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Question 13 1 Point XOXO company expects to have the following sales for the last quarter of 2021: P200,000.00 (Oct) P250,000.00 (Nov) P300,000.00 (Dec). Sales
Question 13 1 Point XOXO company expects to have the following sales for the last quarter of 2021: P200,000.00 (Oct) P250,000.00 (Nov) P300,000.00 (Dec). Sales are all on account: 60% are collected on the month of sales and 40% are collected the following month. Sales on account for September is P200,000.00. What is the estimated cash receipt for November? A P250,000.00 B P230,000.00 C P200,000.00 D P280,000.00Question 14 Dosan Company desires an ending inventory of 140.000 units. It has a beginning inventory of130.000 units. The amount to be produced of Dosan is 530,000 units. Cost of sales is 65%. How much is the expected sales to be? Question 15 1 Point Black Corporation has forecasted sales in 2020 as follows: Jan-P120,000 Feb-P160,000 Mar-P180,000 Apr-P240,000. December 2019 sales is P100,000. Sales are collected 25% for the month, 50% the following month and balance for the month again. The amount of cash collected from sales during the month of January is_ A P110,500 B P100,000 P100,500 D P110,000
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