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In preparing an income statement that measures contribution margin and 2 points responsibility margin for a responsibility center, two concepts are applied in classifying costs. One is whether the costs are variable or fixed. The other is whether the costs are: Traceable to the responsibility center. Transfer prices. Product costs or period costs. Under the control of the manager. Credit Sales Forecast for the Months of October, November, December 2 points and January are $40000. $50000. $60000 and $35000 respectively. Expected cash collections of credit sales is 50% in month of sale, 30% in following month, and 15% in the second following month. Five percent of credit sales are uncollectibles. What is the expected amount of collections for the month of December? $35,000 $ 51,000 O $ 54,000 None of the above Credit Sales Forecast for the Months of October, November, December 2 points and January are $40000, $50000, $60000 and $35000 respectively. Expected cash collections from credit sales is 50% in month of sale, 30% in following month, and 15% in the second following month. Five percent of the credit sales are uncollectibles. The collections in November were $46.000. What was the amount of September sales? $ 50,000 $ 45,000 $ 60,000 $ 65,000