Natcher corporation collects 35% of a month's sales in the month of sale, 40% in the month following sale, and 20% in the second month following sale. the company has found that 5% of their sales are uncollectible. budgeted sales for the upcoming four months are:
august budgeted sales $250,000
september budgeted sales $350,000
october budgeted sales $390,000
november budgeted sales $230,000
the amount of cash that will be collected in november is budgeted to be
i. $218,500
ii. $138,000
iii. $272,500
iv. $338,500
v. none of the above

Option (v) is correct

Explanation:

Given that,

Natcher Corporation collects,

35% of a month's sales in the month of sale

40% in the month following sale

20% in the second month following sale

5% of their sales are noncollectable

Budgeted sales are:

August budgeted sales = $250,000

September budgeted sales = $350,000

October budgeted sales = $390,000

November budgeted sales = $230,000

Amount of cash collected in November is budgeted:

= 35% of November sale + 40% of October sale + 20% of September sale

= 35% of $230,000 + 40% of $390,000 + 20% of $350,000

= $80,500 + $156,000 + $70,000

= $306,500

answer; by looking at total product,marginal product,and changes in both after changes in inputs

answer; burned it;