Question

Sirignano corp produces/sells one product budgeted selling price per unit is 84 budgeted sales are (oct)8400, (nov)12000, 13800, 14300, all sales on credit with 40% 60% following the expected cash collections for november is to:____

Answer 1

The expected cash collections for November are $4,800.

Step-by-step explanation:

The question is asking for the expected cash collections for November based on the given budgeted sales and the percentage of sales on credit. To calculate the expected cash collections, we need to multiply the budgeted sales for November by the percentage of sales that are expected to be collected in cash. Since 40% of the sales are collected in cash, we can multiply the budgeted sales for November (12,000) by 0.40 to find the expected cash collections: 12,000 * 0.40 = 4,800. Therefore, the expected cash collections for November are $4,800.