Da Chapter 8 Homework i7eBook1HintPrintAReferencesShadee Corporation expects to sell 530 sun shades in May and 330 in June. Each shades sells for $16. Shadee's beginning andending finished goods inventories for May are 65 and 40 shades, respectively. Ending finished goods inventory for June will be 60shades.It expects the following unit sales for the third quarter:JulyAugustSeptember560470430SavedSixty percent of Shadee's sales are cash. Of the credit sales, 52 percent is collected in the month of the sale, 39 percent is collectedduring the following month, and 9 percent is never collected.Total Cash ReceiptsRequired:Calculate Shadee's total cash receipts for August and September.Note: Do not round your intermediate calculations. Round your answers to the nearest whole dollar.August SeptemberHelpSave & Exit SubmitCheck my work

Cash collection budget :— This budget is prepared to estimate the collection of sales from customer…

Chapter 8 Homework 1 7 eBook B Hint F Print References Shadee Corporation expects to sell 530 sun shades in May and 330 in June. Each shades sells for $16. Shadee's beginning and ending finished goods inventories for May are 65 and 40 shades, respectively. Ending finished goods inventory for June will be 60 shades. It expects the following unit sales for the third quarter: July August September 560 470 430 Sixty percent of Shadee's sales are cash. Of the credit sales, 52 percent is collected in the month of the sale, 39 percent is collected during the following month, and 9 percent is never collected. Total Cash Receipts Saved Required: Calculate Shadee's total cash receipts for August and September. Note: Do not round your intermediate calculations. Round your answers to the nearest whole dollar. August September Help Submit Check my work