What are the total expected cash collections for the year under this revised budget? What is the
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What are the total expected cash collections for the year under this revised budget?
What is the total required production for the year under this revised budget?
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Data Budgeted unit sales • Selling price per unit • Accounts receivable, beginning balance • Sales collected in the quarter sales are made Sales collected in the quarter after sales are made • Desired ending finished goods inventory is • Finished goods inventory, beginning • Raw materials required to produce one unit • Desired ending inventory of raw materials is • Raw materials inventory, beginning • Raw material costs • Raw materials purchases are paid and • Accounts payable for raw materials, beginning balance 1 50,000 Year 2 Quarter 2 65,000 $7 per unit $65,000 75% 3 105,000 4 65,000 25% 30% of the budgeted unit sales of the next quarter 12,000 units 5 pounds 10% of the next quarter's production needs 23,000 pounds $0.80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase $81,500 Year 3 Quarter 1 80,000 2 95,000 Data Budgeted unit sales • Selling price per unit • Accounts receivable, beginning balance • Sales collected in the quarter sales are made Sales collected in the quarter after sales are made • Desired ending finished goods inventory is • Finished goods inventory, beginning • Raw materials required to produce one unit • Desired ending inventory of raw materials is • Raw materials inventory, beginning • Raw material costs • Raw materials purchases are paid and • Accounts payable for raw materials, beginning balance 1 50,000 Year 2 Quarter 2 65,000 $7 per unit $65,000 75% 3 105,000 4 65,000 25% 30% of the budgeted unit sales of the next quarter 12,000 units 5 pounds 10% of the next quarter's production needs 23,000 pounds $0.80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase $81,500 Year 3 Quarter 1 80,000 2 95,000
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Related Book For
Managing Supply Chain and Operations An Integrative Approach
ISBN: 978-0132832403
1st edition
Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb
Posted Date:
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