Financial Managerial Accounting: E22-13 Riverside Sporting Goods Store has the following sales

Financial Managerial Accounting
E22-13 Using sensitivity analysis in budgeting
Riverside Sporting Goods Store has the following sales budget:
Riverside Sporting Goods Store
Sales Budget
Four Months Ended July 31
April May June July Total
Cash sales (80%) 42,400 67,200 52,800 42,400 204,800
Credit sales (20%) 10,600 16,800 13,200 10,600 51,200
Total sales $53,000 $84,000 $66,000 $53,000 $256,000

Suppose June sales are expected to be $82,000 rather than $66,000. Revise Riverside’s sales budget.
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