Souper Duper sells pre-packaged soups. Souper Duper’s actual and budgeted sales information for January, February, and March are as follows: Cash Sales Credit Sales Total Sales January (Actual) $80,000 $240,000 $320,000 February (Budgeted) $100,000 $360,000 $460,000 March (Budgeted) $60,000 $180,000 $240,000 10% of all sales made on credit are determined to be uncollectible. Of credit sales that are collectible,

Sep 8, 2023

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Souper Duper sells pre-packaged soups. Souper Duper’s actual and budgeted sales information for January, February, and March are as follows: Cash Sales Credit Sales Total Sales January (Actual) $80,000 $240,000 $320,000 February (Budgeted) $100,000 $360,000 $460,000 March (Budgeted) $60,000 $180,000 $240,000 10% of all sales made on credit are determined to be uncollectible. Of credit sales that are collectible,
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