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Sadler Corporation produces and sells one product with a budgeted selling price per unit of $50. Budgeted unit sales for October, November, and December are

Sadler Corporation produces and sells one product with a budgeted selling price per unit of $50. Budgeted unit sales for October, November, and December are 20,000, 12,000, and 14,000 units, respectively. All sales are on credit with 30% collected in the month of the sale, 60% in the month after the sale and 10% in the second month after the sale. The expected cash collections for November is closest to:

a.

$180,000

b.

$600,000

c.

$780,000

d.

$420,000

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