Sales & Collections Each sweater is considered a unit of finished good which is sold for $100.00. Budgeted sales in units (sweaters) are as follows: October 2020 _30,000 sweaters November 2020 _34,000 sweaters December 2020 _55,000 sweaters January 2021 47,000 sweaters February 2021 __32,000 sweaters 30% of the company's sales are cash sales which are collected immediately. The remaining 50% of total sales are collected in the month of sale and the other 20% are collected in the month following the sale. Projected Budgeting Data Sales & Collections October 2020 November 2020 December 2020 January 2021 February 2021 Sales in Units (Sweaters) Selling Price per Sweate Cash Sales Collected in the Month of Sale Credit Sales Collected in the Month of Sale Credit Sales Collected in the following Month