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u. Co makes all sales on account, subject to the following collection:30% are collected in the month of sale; 60% are collected in the first
u. Co makes all sales on account, subject to the following collection:30% are collected in the month of sale; 60% are collected in the first month after sale, and 10% are collected in the second month after sale. If sales for April, May, and June were $60,000, $80,000, and $70,000, recpectively, what were the firm's budgeted collections for June? A. $21,000 B. $60,000 C. $69,000 D. 75,000
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