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The markeung department of Jesst Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on The sewing price of the company's product is $14 per unit. Management expects to collect 75% of sales in the quarter in which the Sales are made; 20% in the following quartec, and 5% of sales are expected to be uncollectible. The beginning balance of accounts tecelvable, all of which is expected to be collected in the first quarter, is $71.200. The company expects to start the first quarter with 1725 units in finished goods inventory Management desires an ending finshed goods inventory in each quarter equal to 15% of the next quarter's budgeted sales. The des ired ending finished goods inventory for the fourth quarter is 1,925 units. Required: 1 Calculate the estimated sales for each quarter of the fiscal year and for the year as a whole 2. Calculate the expected cash colections for each quarter of the fiscal year and for the year as a whole. G. Calculate the requited production in units of finished goods for each quarter of the fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below. Caksulite the fotimated sules for each quarter of the fiscal year and for the year as a whole. The marketing departmeot of Jessi Corporaton has submeted the folwowing sales forecast for the upcomang fiscal year fait saies are on account The selling price of the commany produxt 8514 per und Mansgement expects to collect 75% of sales in the quarter in which the sales are made 20 m in the folowing quarter and 5 th of males are expected to be tancollectible. The beginning balance of accounts recelabie. all of which n expected to be coliected in the frrt quarter, in 571.200 The company e epecta to star the first quarter with 1725 inits n finkthed goods iventory. Management desues an ending finashed goods inventary in each queter equal to 55 th of the next quarter's budgeted sales. The deured ending finished poods inventory for the fouith quarter is that unts. Recuired: 1 Ciculate the estintateo sales for each quarter of the fiscil year and tor the year as a whole. 2. Cakculate the expected cash collechions for each quarter of the fiscal year and for the year as a whole F. Catculave the ;roued production in unts of fitinhed goods far each quarter of the frical year and for the year as a whole Cemplete this guestion try eutering pour answers in the tabs belew. The marketing department of Jessi Corporation has submitted the following soles forecast for the upcoming fiscal yeat full sales are orr The selling price of the company's product is $14 per unit. Management expects to collect 75% of sales in the quarter in which the tales are made. 20% in the following quarter, and 5% of sales are expected to be uncollectible. The beginning balance of accocnts receivabie, all of which is expected to be collected in the first quarter, is 371,200 . The compary expects to start the first quarter with 1725 units in finished goods imventory Management desires an ending finished boods iriventory in each quarter equal to 15t of the next quarter's budgeted sales. The desired ending finished goods ingentory tor the founh quarter is 1925 units. Required: 1 Calculate the estimated sales for each quarter of the fiscal year and for the year as a whole. 2. Calculate the expected cash collections for each quarter of the fiscal year and for the year as a whole. 3. Calculate the required production in units of finished goods for each quarter of the fiscal yeat and tor the year as a whole Cancplete this question by entering your answers in the tatis below. Cakculate the required prodiction in onits of finished gonds for esch quarter of the fiscal year and for the year as a wiote