2 points Krazy Kamuck Company is preparing budgets for the quarter ending September 30, Budgeted...
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2 points Krazy Kamuck Company is preparing budgets for the quarter ending September 30, Budgeted Sales for the next four months are: July 30,000 units, August 20,000 units, September 25,000 units, and Oetober 40,000 units. The selling price is $20 per unit. Determine the total sales for the month of August, $600,000 $350,000 $500,000 $400,000 Krazy Kanuck Company is preparing budgets for the quarter ending September 30. Budgeted Sales for the next four months are: July 30,000 units; August 20,000 units September 25,000 units; and October 40,000 units. The selling price is $20 per unit. Determine the total sales for the entire quarter ending September 30, $600,000 $1,500,000 $1,350,000 $750,000 Krazy Kanuck Company has all sales on account. The collection pattern is: 45% collected in the month of sale, 40% collected in the month following sale: 10% collected in the second month following sale; and 5% uncollectible The June 30th account receivables amount of $25,000 will be collected in fall in July. Determine the total cash collected in the month of August, $420,000 $290,000 $400,500 $490,500



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