TB MC Qu. 8-36 Budgeted sales In Acer Corporation... Budgeted sales in Acer Corporation over the next four months are given below: September $120,000 October $140,000 November December Budgeted sales...

Extracted text: TB MC Qu. 8-36 Budgeted sales In Acer Corporation... Budgeted sales in Acer Corporation over the next four months are given below: September $120,000 October $140,000 November December Budgeted sales $180,000 $160,000 Thirty percent of the company's sales are for cash and 70% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be: Multiple Cholce $141.800 $100,500 $118,700 $161.400 < prev="" 18="" of="" 36="" next=""> 1:51 here to search W 74 F Mostly sunny 10/20 DELL 近