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The management of Pina Colada Industries estimates that credit sales for August September October, and November will be $545,000, $750,000, 5870,000, and $500,000, respectively. Experience
The management of Pina Colada Industries estimates that credit sales for August September October, and November will be $545,000, $750,000, 5870,000, and $500,000, respectively. Experience has shown that collections are made as follows: 25% In month of sale In first month after sale In second month after sale 60% 10% Determine the collections from customers in October and November (Do not leave any field blank, Enter for the amounts.) Collections from Customers October November August Sales September Sales October Sales November Sales $ $ Total budgeted collections
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