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Seved iz Budgeted sales in Acer Corporation over the next four months are given below. Help Save & EX Sub Budgeted sales September October November

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Seved iz Budgeted sales in Acer Corporation over the next four months are given below. Help Save & EX Sub Budgeted sales September October November December $120,000 $140,000 $180,000 $160,000 Thirty percent of the company's sales are for cash and 70% are on account Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be: Multiple Choice $118.700 $161,400 $100,500 $141,800

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