There are 3 additional parts to the question after this as well

Blossom Company's budgeted sales and direct materials purchases are as follows: April Budgeted Sales Budgeted D.M. Purchases $322,000 $47,000 342,000 48,000 336,000 63,000 Blossom's sales are 40% cash and 60% credit. Credit sales are collected 20% in the month of sale, 50% in the month following sale, and 26% in the second month following sale; 4% are uncollectible. Blossom's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month following the purchase and 60% in the second month following the purchase. (a) Prepare a schedule of expected collections from customers for June. Blossom Company Schedule of Expected Collections from Customers April Sales May April June Total Collections e Textbook and Media Save for Later Attempts: 0 of 10 used Submit