Astor Manufacturing has the following budgeted sales: January $120,000, February $180,000, and March $150,000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during March are:

Total cash= $159,000

Explanation:

Giving the following information:

Sales:

January $120,000

February $180,000

March $150,000

40% of the sales are for cash and 60% are on credit.

For credit sales, 50% are collected in the month of sale, and 50% the next month.

Cash collection March:

Sales in cash= 150,000*0.4= 60,000

Sales on account:

From March= (150,000*0.6)*0.5= 45,000

From Fecruary=(180,000*0.6)*0.5= 54,000

Total cash= $159,000

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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