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Sales budget for Electro Techno Company for the second quarter given below Total June May April 900,000 200,000 400,000 200,000 Budgeted sales From the past
Sales budget for Electro Techno Company for the second quarter given below Total June May April 900,000 200,000 400,000 200,000 Budgeted sales From the past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 70% are collected in the month following sale, and the remaining 10% are ollected in the second month following sale. Bad debts are negligible and can be ignored. February .sales totaled 230.000 and March sales totaled 260.000 total cash collected on the quarter -3 831,000 O 830.000 835,000 832,000 0 Nothing mentioned ( ) 850.000 0 1.031.000 0 931.000 total cash collected on May-2 0 Nothing mentioned ( ) 325,000 O 330,000 0 335.000 317.500 244,000 246,000 0 332.000 total cash collected in the quarter as a result of February sales - 1 23,000 O 16,000 o 18,000 22,500 21.000 25.000 o (3 444 +4+) Nothing mentioned o 20.000
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