XYZ Company Produces And Sells One Product. The Budgeted Selling Price Per Unit Is $60. Budgeted Unit Sales For July, August, September October And November Are 1.400 Units, 2,100 Units, 3,400 Units, 2,700 Units And 4,200 Units, Respectively. All Sales Ar

匿名用户 最后更新于 2021-11-19 19:23 会计Accounting


XYZ Company produces and sells one product. The budgeted selling price per unit is $60. Budgeted unit sales for July, August, September October and November are 1.400 units, 2,100 units, 3,400 units, 2,700 units and 4,200 units, respectively. All sales are on credit. Regarding credit sales 30% are collected in the month of the sale, 50% in the month following sales, and the remaining 20% in the second month following sale. The expected total cash collections in September is closest to: Select one: O a $141,000 b. None of the given answers O c. $192,600 O d. $117.500 e. $129,250

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