Figure 15-4
Budgeted Sales for the Second Quarter of the Current

question 11

Multiple Choice

Figure 15-4
Budgeted sales for the second quarter of the current year are as follows: $\begin{array}{lc} & \text { Budgeted Sales } \\\text { Apri1 } & £ 150,000 \\\text { May } & 200,000 \\\text { June } & 180,000\end{array}$ The company collects 20 per cent in the month of sale, 70 per cent in the first month following the sale, and 10 per cent in the second month following the sale.
-Refer to Figure 15-4 above. Wemberly's budgeted cash receipts for March are

• A)£300,000.
• B)£335,000.
• C)£195,000.
• D)£261,000.

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