Business
Business, 01.08.2019 01:20, kdtrillz

The waverly company has budgeted sales for the year as follows: quarter 1 2 3 4 sales in units 14,000 16,000 20,000 18,000 the ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. the finished goods inventory at the start of the year is 5,000 units. scheduled production for the third quarter is (in units) 19,500 units. 20,000 units. 14,000 units. 20,500 units.

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Business, 02.07.2019 17:10, imamador6396
The marketing department of jessi corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st quarter 2nd quarter 3rd quarter 4th quarter budgeted unit sales 12,800 13,800 15,800 14,800 the selling price of the company’s product is $27 per unit. management expects to collect 65% of sales in the quarter in which the sales are made, 30% in the following quarter, and 5% of sales are expected to be uncollectible. the beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $73,800. the company expects to start the first quarter with 2,560 units in finished goods inventory. management desires an ending finished goods inventory in each quarter equal to 20% of the next quarter’s budgeted sales. the desired ending finished goods inventory for the fourth quarter is 2,760 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 year and for the year as a whole.
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Business, 22.07.2019 17:10, paulandigi
The marketing department of jessi corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st quarter 2nd quarter 3rd quarter 4th quarter budgeted unit sales 12,600 13,600 15,600 14,600 the selling price of the company’s product is $25 per unit. management expects to collect 65% of sales in the quarter in which the sales are made, 30% in the following quarter, and 5% of sales are expected to be uncollectible. the beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $73,400. the company expects to start the first quarter with 2,520 units in finished goods inventory. management desires an ending finished goods inventory in each quarter equal to 20% of the next quarter’s budgeted sales. the desired ending finished goods inventory for the fourth quarter is 2,720 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 year and for the year as a whole.
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Business, 02.08.2019 17:10, princesstn28oqlfir
The marketing department of jessi corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st quarter 2nd quarter 3rd quarter 4th quarter budgeted unit sales 13,000 14,000 16,000 15,000 the selling price of the company’s product is $29 per unit. management expects to collect 65% of sales in the quarter in which the sales are made, 30% in the following quarter, and 5% of sales are expected to be uncollectible. the beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $74,200. the company expects to start the first quarter with 2,600 units in finished goods inventory. management desires an ending finished goods inventory in each quarter equal to 20% of the next quarter’s budgeted sales. the desired ending finished goods inventory for the fourth quarter is 2,800 units.required: 1-a. complete the company's sales budget. 1-b. complete the schedule of expected cash collections. 2. prepare the company’s production budget for the upcoming fiscal year.
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Business, 21.08.2019 19:30, jaileen84
The waverly company has budgeted sales for the year as follows: quarter 1 2 3 4 sales in units 14,000 16,000 20,000 18,000 the ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. the finished goods inventory at the start of the year is 5,000 units. scheduled production for the third quarter is (in units) 19,500 units. 20,000 units. 14,000 units. 20,500 units.
Answers: 3
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