Answer:
Hence, the Total budgeted cash collections in April would be $275,000
Thus, the correct option is D $275,000
Explanation:
Budgeted Sales : The budgeted sales is that type of sale which is to be achieved in the future.
The computation of Total budgeted cash collections in April would be shown below
= 70% of April Month + 20% of march month + 10% of February month
= 70 % × $250,000 + 20% × $350,000 + 10% × $300,000
= $175,000 + $70,000 + $30,000
= $275,000
Hence, the Total budgeted cash collections in April would be $275,000
Thus, the correct option is D $275,000