Wodonga Company collects 20 per cent of a month’s sales revenue in the month of sale, 70 per cent in the month following sale, and 6 per cent in the second month following sale. The remainder is uncollectible. The budgeted sales revenue for the next four months is: January February March April Budgeted sales revenue $200,000 $300,000 $350,000 $250,000 Cash collections in April are budgeted to be: unit? number?
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