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Piatt Company expects cash sales for July of $15,000, and a 29% monthly increase during...

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Question

Accounting

Piatt Company expects cash sales for July of

$15,000,

and a

29%

monthly increase during August and September. Credit sales of

$1,400

in July should be followed by

34%

increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively? (Round final answers to the nearest dollar.)

A.

$11,628

and $1,045

B.

$19,350

and $1,876

C.

$24,962

$2,514

D.

$20,100

and $ 1,806

Answer & Explanation Solved by verified expert
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