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Russell Company Expects Cash Sales for July of $15,000,and a 22

Question 74

Multiple Choice

Russell Company expects cash sales for July of $15,000,and a 22% monthly increase during August and September.Credit sales of $6,000 in July should be followed by 15% decreases during August and September.What are budgeted cash sales and budgeted credit sales for September?


A) $18,300 and $5,100
B) $22,326 and $4,335
C) $12,750 and $7,320
D) $10,838 and $8,930

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