Question 2 Listed below are the budgeted sales in units for Devon Company for the next five months: May June July August September Budgeted Sales in Units 6,300 units 2,800 units 4,100 units 7,600 units ????? units 20% of the company's sales are cash sales and 80% of the company's sales are made on account. The selling price is $25 per unit. On average, 15% of the sales on account are collected in the month of sale, 46% is collected in the month following sale, 22% is collected in the second month following sale, and the remaining 17% is collected three months after the month of sale. Calculate the budgeted cash collections for the month of August.

Listed below are the budgeted sales in units for Devon company for the next five months: 20% of the company's sales are cash sales and 80% of the company's sales are made on account. The selling price is $25 per unit. On average, 15% of the sales on account are collected in the month of sale, 46% is collected in the month following sale, 22% is collected in the second month following sale, and the remaining 17% is collected three months after the month of sale. Calculate the budgeted cash collections for the month of August