QUESTION 3 MYMA Manufacturing is located in Semenyih Industrial Park, Malaysia and has projected sales in units for four months of operations of 2016 as follows MonthQuantity (Units) January February March Apr 25,000 30,000 27,000 35,000 10 The product sells for RM 18 per unit. Twenty-five percent (25%) of the customers are expected to pay in the month of sale and take a 3% discount and 70% are expected to pay in the month following the sale. The remaining 5% will remain uncollectible. Accounts receivable from the previous year is RM 210,000 and is expected to be collected in January 2016. Budgeted expenses for the period are given in the following table