XYZ Company Produces And Sells One Product. The Budgeted Selling Price Per Unit Is $45. 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 A

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

XYZ Company produces and sells one product. Thebudgeted selling price per unit is $45. Budgeted unit sales forJuly, 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 followingsales, and the remaining 20% in the second month following sale.The expected total cash collections in September is closest to:Select one:

a. $105,750

b. None of the given answers

c. $129,250

d. $117,500

e. $144,450

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