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  3. 1. create a sales budget and schedule of cash coll

1. Create a sales budget and Schedule of Cash Collections based on the following information....

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Accounting

1. Create a sales budget and Schedule of Cash Collections based on the following information. -

Expected Sales Basic Cooking Course Course 2 Semesters for the year 3 Courses are offered each semester Maximum enrolment 32 students Expected capacity 94% Tuition $5,000 per student Customized Cooking Courses 15 Courses 15 Students per course Course Fee $110,000 per course Each course is 5 weeks In order to achieve these goals, the Marketing department needs to spend $350,000 on digital, television and radio advertising as well as increase the sales commission rate from 4% to 6% of revenue.

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