HOME View Help Acrobat D PROTECTED VIEW Becalls from the Internet cas contain vie. Unless you need to edit, ale to stay in Protected View Search ACCT 2310205007 0 1 G ACCT 22 200 H 1 1 K M N O P. R 5 Inc, manufactures one product. Data on the Company's operations follow 5 3 Budgeted sales in units: 20,000 in July, 10,000 in August, and 40,000 for September The unit sales prices is $20 All sales are credit sales 50 percent are collected in the month of sale, 40% in the month following the sales and 10 two months after the month of sale. 9 Desired ending inwestory is equal to 10 percent of the following month's sales in units 10 Budgeted raw materials purchases for hane is $40,000 for July is $60,000, and for August is $70,000 11 All purchases of raw materials are an account of raw material purchases are paid in the same months in the 12 month following the purchase and 10% two months following the purchase. 11 14 11 point) Computer total required production in units for the month of July 16 17 19 21 21 point) Compute the total expected the collections for the month of September 24 27 20-21 point Compute the total cash disbursement for raw materials parchases for the month of August 12 35 LO SAN point each ONE nagment policy or company information needed to complete EACH of the following budgets. DO NOT use any information already provided or computed here Direct labor budget b. Overhead budget A budget Sheet A1 ACCT 2310 205007 D E G lo 17 18 19 20 21 18-21 point) Compute the total expected cash collections for the month of September 22 23 24 25 25 27 28 L8-2 (1 point) Compute the total cash disbursement for raw materials purchases for the month of August 29 + 30 3.8 31 32 33 34 35 108-5,6,7,8(% point each) List ONE management policy or company information needed to complete EACH of the following 36 budgets. Note: DO NOT use any information already provided or computed above. 37 a. Direct labor budget 29 b. Overhead budget 41 42 c. SG&A budget 43 d. Cash budget 45 46 108-1: Briefly describe how a 'management by exception' approach may lead to 'budgetary slack." 40 49 50 51 52 53 54 55 56 57 Sheet1 Reacy e N