Question: 4. E8-11 (Algo) Calculating Cash Receipts [LO 8-4) ints Shadee Corp. expects to sell 560 sun visors in May and 420 in June. Each visor

 4. E8-11 (Algo) Calculating Cash Receipts [LO 8-4) ints Shadee Corp.

4. E8-11 (Algo) Calculating Cash Receipts [LO 8-4) ints Shadee Corp. expects to sell 560 sun visors in May and 420 in June. Each visor sells for $16. Shadee's beginning and ending finished goods inventories for May are 65 and 40 units, respectively. Ending finished goods inventory for June will be 65 units. It expects the following unit sales for the third quarter. eBook Hint July August September Print 515 490 450 forences Sixty percent of Shadee's sales are cash. Of the credit sales, 54 percent is collected in the month of the sale, 38 percent is collected during the following month, and 8 percent is never collected Required: Calculate Shadee's total cash receipts for August and September. (Do not round your intermediate calculations. Round your answers to the nearest whole dollar.) August September Total Cash Receipts

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