Management Accounting Exams Question 1 June Sales: 50,000 units July Sales: 56,000 units August Sales 70,000 Units Workings June July Aug Sept October November Unit Sold 50,000 56,000 70,000 77,000 84,700 93,170 Price Per Unit 180 180 180 180 180 180 Total Sales 9,000,000 10,080,000 12,600,000 13,860,000 15,246,000 16,770,600 Discount 2% 180,000 201,600 252,000 277,200 304920 335,412 Net Sales 8,820,000 9878400 12348,000 13,582,800 14,941,080 16,435,188 Collection 30% 0 3,000,000 3,024,000 3,780,000 4,158,000 4,573,800 Collection 50% 0 0 4,500,000 5,040,000 6,300,000 7,623,000 20% 1,764,000 1,975,680 2,469,600 2,716,560 2,988,216 3,287,038 Totals 1,764,000 4,975,680 9,993,600 11,536,560 1,3446,216 15,483,838 Closing Inventory 2,016.000 2,520,000 2,772,000 3,049,200 3,354,120 Cash Budget for the Months June July