You have Just been hired as a new management trainee by Earrings Unlim In shopping malls across the country. In the past, the company has done year has experlenced a shortage of cash. Since you are well tralned in bu the upcoming second quarter. To this end, you have worked with account below. The company sells many styles of earrings, but all are sold for the same pt months and budgeted sales for the next six months follow (in pairs of earr The concentration of sales before and during May Is due to Mother's Day. month to supply 40% of the earrings sold in the following month. Suppliers are paid $4.10 for a pair of earrings. One-half of a month's purch paid for in the following month. All sales are on credit. Only 20% of a mont 70% is collected in the following month, and the remaining 10% is collected negligible. Monthly operating expenses for the company are given below: Variable: Sales commissions 4% of sales You have Just been hired as a new management trainee by Earrings Unlim In shopping malls across the country. In the past, the company has done year has experlenced a shortage of cash. Since you are well tralned in bu the upcoming second quarter. To this end, you have worked with account below. The company sells many styles of earrings, but all are sold for the same pt months and budgeted sales for the next six months follow (in pairs of earr The concentration of sales before and during May Is due to Mother's Day. month to supply 40% of the earrings sold in the following month. Suppliers are paid $4.10 for a pair of earrings. One-half of a month's purch paid for in the following month. All sales are on credit. Only 20% of a mont 70% is collected in the following month, and the remaining 10% is collected negligible. Monthly operating expenses for the company are given below: Variable: Sales commissions 4% of sales