Bombs Away Video Games Corporation has forecasted the following monthly sales: January February March April May...

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Bombs Away Video Games Corporation has forecasted the following monthly sales: January February March April May June $ 119,000 112,000 44,000 44,000 July August $ 64,000 64,000 74,000 FUKU 39,000 September October November 54,000 December 184,000 124,000 142,000 Total annual sales = $984,000 Bombs Away Video Games sells the popular Strafe and Capture video game. It sells for $5 per unit and costs $2 per unit to produce. A level production policy is followed. Each month's production is equal to annual sales (in units) divided by 12 Of each month's sales, 40 percent are for cash and 60 percent are on account. All accounts receivable are collected in the month after the sale is made. a. Construct a monthly production and Inventory schedule in units. Beginning inventory in January is 44,000 units Note: Input all your answers as positive numbers. d. Prepare a monthly cash budget for January through December using the cash receipts schedule from part b and the cash payments schedule from part c. The beginning cash balance is $5,000, which is also the minimum desired. Note: Negative amounts should be indicated by a minus sign. Leave no cells blank be certain to enter '0' wherever required. Bombs Away Video Games Corporation Cash Budget January February March April May June Beginning cash 5,000 $ 15,800 $ 35,200 $ 23,200 $ 5.000 $ 5,000 Net cash flow Cumulative cash balance S 15,800 $ 35,200 $ Monthly loan or (repayment) S Ending cash balance 15.300 S 35 2007 $ Cumulative oan balance S 23.200 $ OF $ 23 200 $ 07 5 (29.600) 34,800 5.000 S 34,800 $ S (49.800) $ 54,800 5.000 $ 89.400 S (46,800) 51,800 5,000 141,200 Bombs Away Video Games Corporation Cash Budget July August September October Beginning cash 5.000 S 5.000 S 5,000 $ 5.000 S file: cash flow Cumulative cash balance Monthly loan ct (repayment) 3 133.800 S 38 800 Erding cash balance S Dumulative loan balance S 5000 S 180,000 S (27.800) S 32.800 5.000 S 212.800 S (23.800) S 28.800 5.000 S 241,800 $ (5,800 $ 10.800 5.000 $ 252 400 S November December 5.000 S 5,000 20 200 S (15-200) 5.000 S 237 200 S 39,400 (34,400) 5.000 202.800 Bombs Away Video Games Corporation has forecasted the following monthly sales: January February March April May June $ 119,000 112,000 44,000 44,000 July August $ 64,000 64,000 74,000 FUKU 39,000 September October November 54,000 December 184,000 124,000 142,000 Total annual sales = $984,000 Bombs Away Video Games sells the popular Strafe and Capture video game. It sells for $5 per unit and costs $2 per unit to produce. A level production policy is followed. Each month's production is equal to annual sales (in units) divided by 12 Of each month's sales, 40 percent are for cash and 60 percent are on account. All accounts receivable are collected in the month after the sale is made. a. Construct a monthly production and Inventory schedule in units. Beginning inventory in January is 44,000 units Note: Input all your answers as positive numbers. d. Prepare a monthly cash budget for January through December using the cash receipts schedule from part b and the cash payments schedule from part c. The beginning cash balance is $5,000, which is also the minimum desired. Note: Negative amounts should be indicated by a minus sign. Leave no cells blank be certain to enter '0' wherever required. Bombs Away Video Games Corporation Cash Budget January February March April May June Beginning cash 5,000 $ 15,800 $ 35,200 $ 23,200 $ 5.000 $ 5,000 Net cash flow Cumulative cash balance S 15,800 $ 35,200 $ Monthly loan or (repayment) S Ending cash balance 15.300 S 35 2007 $ Cumulative oan balance S 23.200 $ OF $ 23 200 $ 07 5 (29.600) 34,800 5.000 S 34,800 $ S (49.800) $ 54,800 5.000 $ 89.400 S (46,800) 51,800 5,000 141,200 Bombs Away Video Games Corporation Cash Budget July August September October Beginning cash 5.000 S 5.000 S 5,000 $ 5.000 S file: cash flow Cumulative cash balance Monthly loan ct (repayment) 3 133.800 S 38 800 Erding cash balance S Dumulative loan balance S 5000 S 180,000 S (27.800) S 32.800 5.000 S 212.800 S (23.800) S 28.800 5.000 S 241,800 $ (5,800 $ 10.800 5.000 $ 252 400 S November December 5.000 S 5,000 20 200 S (15-200) 5.000 S 237 200 S 39,400 (34,400) 5.000 202.800

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