Chapter 6

# Chapter 6 - Chapter6ResponsePadQuestions 1

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Chapter 6 Response Pad Questions 1 What is the budgeted sales revenue for January 2011? A \$25,000 B \$550,000 C \$632,500 D none of the above 2 What are the budgeted unit sales for February 2011? A 25,000 B 28,750 C 30,100 D none of the above 3 What is the budgeted sales revenue for March 2011? A \$632,500 B \$710,060 C \$727,386 D none of the above 1. Cash receipts in March 2011 for the 40% of customers who pay the month of the sale in order to take advantage of the sales discount are estimated to be? A \$21,168 B \$21,600 C \$28,224 D \$28,800 2 Cash receipts in March 2011 for the 30% of customers paying the month after the sale are estimated to be? A \$18,000 B \$19,800 C \$21,168 D \$21,600 3 Cash receipts in March 2011 for the 30% of customers who pay 2 months after the sale are estimated to be? A

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