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The Greens Company sales and unit prices are as follow. Monthly sales are budgeted in units as follows: 2 8 , 0 0 0 for

The Greens Company sales and unit prices are as follow.
Monthly sales are budgeted in units as follows: 28,000 for October, 20,000 for November, and
25,600 for December.
The sales prices are $10 for October, $12 for November and $ 12.5 December.
The experience has shown that 50% percent of the sales of Greens Company sales are for cash.
The rest are on credit with 70% of the credit sales are collected in the month of sale, 20% in the
month following sale, and 5% in the second month following sale. The remainder is expected to
be uncollectible.
Requirement:
i) Prepare a schedule of sales for the quarter and
4
ii) Prepare expected cash collections for the month of December.

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