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  3. heritage company manufactures and sells bookcases.

Heritage Company manufactures and sells bookcases. Budgeted sales of bookcases are 36,000 units in January...

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Heritage Company manufactures and sells bookcases. Budgeted sales of bookcases are 36,000 units in January and 44,000 units in February. Budgeted productions are 40,000 units in January and 48,000 units in February. a. The budgeted selling price per unit of bookcase is $80. Estimated cash collections from sales of each month are as follows: 50% collected in the month of sale, 45% collected in the month following sale, and 5% cannot be collected. What is the budgeted cash collection from sales in February? Ans: $

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