Done MANAGERIAL ACCOUNTING EXA... 28. Tangerine Company has the following sales budget for the...
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Done MANAGERIAL ACCOUNTING EXA... 28. Tangerine Company has the following sales budget for the last six months of 2019: July $120,000 August 100.000 September 110,000 October 75.000 November 125,000 December 80,000 Historically, the cash collection of sales has been as follows: 50% of sales collected in month of sale 25% of sales collected in month following sale 8% of sales collected in second month following sale 2% of sales uncollectible What are the expected cash collections of sales in October? A) $73,000 B) $75,000 C) $79,500 D)$83,500 29. Wheparing abgeted bala sheet, thance for he inyent y accoyis pund openg A lesudget cash oudge op rating expense audet D) pichas and cogood sold oudget 30 An xample avorable y riance Afac gal reveny fare less the expect revenees B atual mate prices ereater t exported my erial prices C) actual ex / ses are than ey ected epeyes D) expecte / aborcos // are less an actua r costs
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