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Author Question: Avery Manufacturing has the following sales budgets for the fourth quarter.Cash SalesCredit ... (Read 28 times)

haydenjmcm

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on: Feb 5, 2023
Avery Manufacturing has the following sales budgets for the fourth quarter.

Cash SalesCredit Sales
October$580,400$232,900
November624,800344,000
December806,900398,700
The accounting manager has analyzed cash collections and determined that credit sales are collected 70% in the month of sale, 20% in the month following the sale, and 10% uncollectible. How much cash is Avery expected to collect in November?
◦ $912,180
◦ $865,600
◦ $693,600
◦ $787,830
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by haydenjmcm on Feb 5, 2023

nikspatel037

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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haydenjmcm

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
Excellent

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