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Using the table below, what is the total budgeted cash collections for February? Price Per Board Set $110 Budgeted Board Sales for January 50 Board
Using the table below, what is the total budgeted cash collections for February? Price Per Board Set $110 Budgeted Board Sales for January 50 Board sets Budgeted Board Sales for February 75 Board sets Budgeted Board Sales for March 100 Board sets Desired Finished Goods Ending Inventory 20% Of next month's sales Desired Raw Materials Ending Inventory 35% Of next month's materials needs Cash Collected in Month of Sale 65% Cash Collected in Month Following Sale 35% O $9,213 $8,250 $7,288 $5,363
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