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Tucker Inc. makes dog treats. The Sales budget is provided. All sales are on acount. Tucker Inc.'s collection pattern is 70% in month of sale
Tucker Inc. makes dog treats. The Sales budget is provided. All sales are on acount. Tucker Inc.'s collection pattern is 70% in month of sale 25% collected in month following sale 5% uncollectible The March 31 accounts receivable balance of 30,000 will be collected in full \begin{tabular}{|l|l|l|l|l|} \hline Budgeted Sales & April & May & June & Quarter \\ \hline Total Sales & 150,000 & 200,000 & 140,000 & 490,000 \\ \hline What is the total cash collected for the quarter? & & \\ \hline \end{tabular} 148,000 177,500 460,500 130,000
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