The managerial accountant at local produce services expects to collect 40% of its credit sales in the month after the sale and 60% two months after the sale. assume credit sales in january were $200,000 and february sales were $100,000. january credit sales $200,000 february credit sales $100,000.what is the anticipated cash collection of credit sales for march?

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: