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Shadee Corp. expects to sell 630 sun visors in May and 430 in June. Each visor sells for $16. Shadee's beginning and ending finished
Shadee Corp. expects to sell 630 sun visors in May and 430 in June. Each visor sells for $16. Shadee's beginning and ending finished goods inventories for May are 70 and 40 units, respectively Ending finished goods inventory for June will be 55 units It expects the following unit sales for the third quarter Juty August September 530 490 440 Sixty percent of Shadee's sales are cash. Of the credit sales, 52 percent is collected in the month of the sale, 35 percent is collected during the following month, and 13 percent is never collected. Required: Calculate Shadee's total cash receipts for August and September (Do not round your intermediate calculations. Round your answers to the nearest whole dollar) Total Cash Receipts August September
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