Question: plz help in 3 part only A B D E Part 3: (5 marks) 1 NFT wants an ending inventory equal to 15% of the

 plz help in 3 part only A B D E Part

3: (5 marks) 1 NFT wants an ending inventory equal to 15%

of the following month's budgeted sales in units. 2 On June 30th,

plz help in 3 part only

A B D E Part 3: (5 marks) 1 NFT wants an ending inventory equal to 15% of the following month's budgeted sales in units. 2 On June 30th, 60,000 units were on hand. 3 The September 30th desired ending inventory is 80,000. units 4 5 Production Budget Jul August September Quarter 56 57 58 Budgeted Sales 59 Desired Ending Inventory 60 Total Needs 61 62 Less Beginning Inventory 63 Required Production 64 65 66 Part 4: (5 marks) 67 NFT uses 10 pounds of material per unit. 60 NET has decided it wants 15% material of the following month's production 24 25 26 Part 2: (5 marks) 27 All of NFT's sales are on Account. 28 NFT's collection Pattern is: 29 % Type 30 60.00 Collected in the month of sale 31 35.00 Collected in the following month 6.00 Uncollectible 33 The June 30th accounts receivable balance of $132,000 will be wlected in full. 34 Cash Collections 3 4 5 6 7 8 9 8 7 6 7 8 9 8 7 8 9 7 8 9 7 7 36 July August September Quarter 38 132,000.00 46,800.00 132,000.00 741,000.00 273,000.00 39 Accounts Receivable 40 July Sales 41 42 Aug Sales 43 44 Sep Sales 630,000.00 367,500.00 997,500.00 738,000.00 738,000.00 46 47 Total Cash Collections $ 600,000.00 $ 903,000.00 $ 1,105,500.00 $ 2,608,500.00 Units 26000 Part 1: (5 marks) NFT is preparing budgets for the Quarter Ending Sept 30th, 2022. Budgted Sales for the next 6 months are: Month July August September 1 October 2 November 3 Decemb 4 Each Unit sells for $30. 35000 41000 15000 20500 31000 Sales Budget 116 17 July August September Quarter 19 Sales Budget 20 21 Budgeted Sales In Units 22 Selling Price Per Unit 23 Total Budgeted Sales 26,000 35,000 $ 30.00 $ 30.00 $ $ 780,000.00 $ 1,050,000.00 $ 41,000 30.00 $ 1,230,000.00 $ 102,000 30.00 3,060,000.00

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