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Zhang Industries sells a product for $900. Unit sales for May were 600 and each month's sales are expected to grow by Zhang pays a

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Zhang Industries sells a product for $900. Unit sales for May were 600 and each month's sales are expected to grow by Zhang pays a sales manager a month salary of $2.000 and a commission of 2% of sales in dollars. Assume 20% of Zhang's sales are for cash. The remaining 80% are credit sales these customers payi the month following the sale. Compute the budgeted cash receipts for June Mutiple Choice 1 0 $432.000 O O o 12:51 o $432,000. o $543,240. o $545,280. o $540,000. o $444,960.

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