Question: From the information given below, prepare a Working Capital requirement forecast: (i) Annual Production 52,000 units (ii) Analysis of selling price per unit: ` Raw

● From the information given below, prepare a Working Capital requirement forecast:

(i) Annual Production 52,000 units

(ii) Analysis of selling price per unit: `

Raw materials 10 Wages 7 Overhead expenses 5 Profit 3

(iii) Time Lag: Weeks Raw materials in stores 3 Manufacturing process 4 Finished goods in Godown 5 Payment to Creditors 4 Collection from Debtors 8 Payment of Wages 2 Payment of overhead expenses 2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Financial Management Questions!

A sweatshirt supplier is trying to decide how many sweatshirts to print for the upcoming WNBA basketball championships. The final four teams have emerged from the quarterfinal round, and there is now...

I detailed answer I'll upvote I need I detailed answer I'll upvote 11. XYZ Ltd. supplies the following information: Sales and production for the year's Finished goods in store Raw material in store...

A202 practice exam. Answers at the end. 1. Seventy percent of Pitkin Corporation's sales are collected in the month of sale, 20% in the month following sale, and 10% in the second month following...

From the following particulars, prepare a statement showing working capital needed to finance a level of activity of 12000 units of output per annum. Details of selling price per unit Raw materials 5...

Using the PDF File, the Excel sheet needs to be completed. Master Budget Modeling Project for MyArmor, Inc. - 2017 Planning Year Project is Activated Save your project by following these directions -...

can you solve the maths which are provided in doc file Question 1 Manufacturing Cost Schedule and Income Statement (10marks). This question relates to learning material and objectives from Online...

i need help doing this assignment, can you please help. Thank you! DATE: TO: Tommy's Box Cars June 1, 2020 CCSU Consulting Mark Swain, President, Tommy's Box Cars Master Budget for the fiscal year...

40 Cost accounting Questions (must be answered in 90 minutes) Please highlight answers in red 1) A "what-if" technique that examines how a result will change if the original predicted data are NOT...

Master Budget Modeling Project for MyArmor, Inc. - 2021 Planning Year Project is Activated Save your project by following these directions - As you work on your project, be sure to save your file...

Prepare 1. A forecast trading profit for the six months ended 30th September 2022, in contribution form 2. Cash forecast for the six months ended 30th September 2022. Notes: A. Teebok is registered...

I am confused to calculate cash budget please help me. Master Budget Modeling Project for MyArmor, Inc. - 2017 Planning Year Project is Activated Save your project by following these directions - - -...

Using Binary search tree write a Java program to Insert and print the element in (in-Order traversal ), then search the elements (a and z) in the tree. using the following tree: 2 2 The output e...

Turn to Figure 2.5 and find the listing for Aecon Group. a. What was the closing price for Aecon? b. How many shares could you buy for $ 5,000? c. What would be your annual dividend income from those...

Sipa burgers sells five large fries for every four small ones what is the weighted average contribution margin

The chapter mentions that in 1965, married women with children did an average of 32 hours of housework per week, while men did an average of only 4 hours of houseworka total of 36 hours of housework....

The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, an inventory turnover of 6 times, total current assets of $810,000, and cash and marketable securities of $120,000. What were...

The December 31, 2021. balance sheet of the Whisperine. Winds Corp. Mad Accounts Receivable of $700.000 and a creclit balance in Allowance for Doubtful Accounts of $34,000. During 2022. the following...

Use the following information to answer the question ( s ) below. Company Ticker Beta Ford Motor Company F 2 . 7 7 International Business Machines IBM 0 . 7 3 Merck MRK 0 . 9 0 If the expected return...

Acme Co . is considering a four - year project that will require an initial investment of $ 7 , 0 0 0 . The base - case cash flows for this project are projected to be $ 1 2 , 0 0 0 per year. The...