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Shadee Corporation expects to sell 6 2 0 sun shades in May and 4 3 0 in June. Each shades sells for $ 1 7
Shadee Corporation expects to sell sun shades in May and in June. Each shades sells for $ Shadee's beginning and
ending finished goods inventories for May are and shades, respectively. Ending finished goods inventory for June will be
shades.
It expects the following unit sales for the third quarter:
Sixty percent of Shadee's sales are cash. Of the credit sales, percent is collected in the month of the sale, percent is collected
during the following month, and percent is never collected.
Required:
Calculate Shadee's total cash receipts for August and September.
Note: Do not round your intermediate calculations. Round your answers to the nearest whole dollar.
Answer is complete but not entirely correct.
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