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PROJECT A - Case 9-30 Student Name: Emily Scarborough 1.a. SALES BUDGET: April May June Quarter Budgeted unit sales 65,000 100,000 50,000 215,000 Selling price per unit $10 $10 $10 $10 Total Sales $650,000 $1,000,000 $500,000 $2,150,000 1.b.SCHEDULE OF EXPECTED CASH COLLECTIONS: April May June Quarter February sales 10% of $260k 26,000 26,000 March sales 70%, 10% of $400k 280,000 40,000 320,000 April sales 20%, 70%,10% of $650k 130,000 455,000 65,000 650,000 May sales 20%, 70% of $1,000k 200,000 700,000 900,000 June sales 20% of $500k 100,000 100,000 Total Cash Collections $436,000 $695,000 $865,000 $1,996,000 1.c.MERCHANDISE PURCHASES BUDGET: April May June Quarter Budgeted unit sales 65,000 100,000 50,000 215,000 40,000 20,000 12,000 12,000 Total needs 105,000 120,000 62,000 227,000 Less beginning inventory 26,000 40,000 20,000 26,000 Required purchases 79,000 80,000 42,000 201,000 Cost of purchases @ $4 per unit $316,000 $320,000 $168,000 $804,000 1.d. BUDGETED CASH DISBURSEMENTS FOR MERCHANDISE PURCHASES:1.... View Full Document

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