CASE 30 - SALESBUDGET April May June Quarter...

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SALES BUDGET April May  June Quarter budget sales in units 65,000 100,000 50,000 215,000 selling price per unit  $                    $                    $                    $                   10 total budgeted sales 650,000 1,000,000 500,000 2,150,000 EXPECTED CASH COLLECTION April May  June Quarter A/R 3/31 346000 346000 April sales 0.2*650 000 130000 130000 0.7*650000 455000 455000 0.1*650000 65000 65000 May sales 0.2*1000000 200000 200000 0.7*1000000 700000 700000 June sales 0.2*500000 100000 100000 Total cash collections 476000 655000 865000 1996000
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Merchandise purchases budget April May  June Quarter budgeted sales 65000 100000 50000 215000 ADD: desired ending merchandise inventory 40000 20000 12000 12000 total needs 105000 120000 62000 227000 LESS: beginning merchandise inventory 104000 40000 20000 104000 Required purchases 1000 80000 42000 123000 Expected cash disbursement for merchandise purchases
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This note was uploaded on 07/12/2011 for the course ECON 102 taught by Professor Newman during the Spring '11 term at Alabama A&M University.

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CASE 30 - SALESBUDGET April May June Quarter...

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