2. Vulture Corporation produces and sells one product. The budgeted selling price per unit is $35....

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2. Vulture Corporation produces and sells one product. The budgeted selling price per unit is $35. Budgeted unit sales for Oc

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Answer 1

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Expected cash collections for December: $310,625

	November	December
Unit sales	8700	9400
Selling price per unit	$ 35	$ 35
Total budgeted sales	304500	329000
Cash collection in December:
November sales (75% x $304500)		228375
December sales (25% x $329000)		82250
Total expected cash collections $		310625

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