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Required: The following data has been provided regarding sales and the expected collection pattern: Budgeted sales: Budgeted sales in units Sales in dollars January February

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Required: The following data has been provided regarding sales and the expected collection pattern: Budgeted sales: Budgeted sales in units Sales in dollars January February March April 9,000 10,500 11,000 10 $108,000 $125,000 $132,000 $120 Cash sales Credit sales (sales on account) 25% 75% The collection pattern for the credit sales has traditionally been as follows: Month of sale First month following sale Second month following sale 20% 50% 30% Jculate the total expected cash collections for the month of April. (5 marks) facturing

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