Question: Current Attempt in Progress Coronado Industries estimates its sales at 90000 units in the first quarter and that sales will increase by 21000 units ezch
Current Attempt in Progress Coronado Industries estimates its sales at 90000 units in the first quarter and that sales will increase by 21000 units ezch quartir cref the year. They have, and desire, a 25\% ending imventory of finished goods. Each unit sells for $25.40% of the sales are for cash 705 of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at $1819500. $4378000. $3205500. $2706000
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