Today's date is September 25th. Blankets Inc. is a high end blanket company that specialize in quilted blankets. They have asked you to put together various budgets for the upcoming quarter. They have supplied you with the following information: Expected Unit Sales Selling Price / Unit 5,000 Units $595 / Unit $595 / Unit $595 / Unit $595 / Unit August September 8,000 Units October 5,000 Units November 15,000 Units December 25,000 Units 2,000 Units 3,000 Units January February $595 / Unit $595 / Unit $595 / Unit All sales for the company are done on account. The company collects 70% of the sales in the month the sale occurred and the remainder the month after the sale. The estimated Accounts Receivable at the end of September will be $780,000. REQUIRED: Prepare a Sales Budget for the company along with the cash collection for the upcoming quarter. What is

Today's date is September 25th. Blankets Inc. is a high end blanket company that specialize in quilted blankets. They have asked you to put together various budgets for the upcoming quarter. They have supplied you with the following information: All sales for the company are done on account. The company collects 70% of the sales in the month the sale occurred and the remainder the month after the sale. The estimated Accounts Receivable at the end of September will be $780,000. REQUIRED: Prepare a Sales Budget for the company along with the cash collection for the upcoming quarter, What is