The following information is provided to assist in the preparation of the Cash Budget for MugLover Pty
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Question:
The following information is provided to assist in the preparation of the Cash Budget for MugLover Pty Ltd for August and September, x
The forecasted sales $ are as follows:
Months
Budgeted Sales $
June
$
July
$
August
$
September
$
October
$
The company wants to maintain inventory on hand at the end of each month to be of the estimated following months sales.
Purchase cost per unit is $
The forecasted unit sales are as follows:
Months
Budgeted Sales in units
June
units
July
units
August
units
September
units
October
units
Required:
Prepare a Purchases Budget for the months of August and September, x
Totals are not required.
Related Book For
Financial Statement Analysis
ISBN: 978-0078110962
11th edition
Authors: K. R. Subramanyam, John Wild
Posted Date: