Question: please help with this question Shadee Corp. expects to sell 580 sun visors in May and 310 in June. Each visor selis for $12. Shadee's
Shadee Corp. expects to sell 580 sun visors in May and 310 in June. Each visor selis for $12. Shadee's beginning and ending finished goods inventories for May are 80 and 55 units, respectively. Ending finished goods inventory for June will be 65 units. It expects the following unit sales for the third quarter: Sixty percent of Shadee's sales are cash. Of the credit sales, 52 percent is collected in the month of the sale, 36 percent is collected during the following month, and 12 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.) Answer is complete but not entirely correct
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