Managerial Accounting Assignment Week 4

Managerial Accounting Assignment Week 4 - Budget Master...

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Budget Master Budget Exercise BUS630: Managerial Accounting Dr. Isabel Wan August 29, 2011 1
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Budget Sales and Production Budgets (8-12): Jessi Corporation Sales Budget Quarter 1 2 3 4 Total Budgeted Unit Sales 12,000 14,000 13,000 11,000 50,000 Selling Price Per Unit x18 x18 x18 x18 x18 Total Sales 216,00 0 252,200 234,00 0 198,00 0 900,00 0 Schedule of Cash Collections Quarters 1 2 3 4 Total A/R Beginning 70,200 70,200 Qtr 1 Sales 140,40 0 64,800 205,200 Qtr 2 Sales 163,800 75,600 239,400 Qtr 3 Sales 152,000 70,200 222,300 Qtr 4 Sales 128,70 0 128,70 0 Total Cash Collections 210,60 0 228,600 227,700 198,900 865,80 0 2
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Budget Jessi Corporation Production Budget Quarter 1 2 3 4 Total Budgeted Unit Sales 12,000 14,000 13,000 11,000 50,000 Add:Desired Ending Inventory 2100 1950 1650 1850 7550 Total Units Needed 14,100 15,950 14,650 12,850 57,550 Less: Beginning Inventory -1650 -2100 -1950 -1650 -7350 Required Production 12,450 13,850 12,700 11,200 50,200 Direct Materials and Direct Labor Budgets (8- 13): Hareston Company
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This note was uploaded on 10/06/2011 for the course FINANCE 650 taught by Professor Johndoe during the Spring '11 term at Kentucky.

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Managerial Accounting Assignment Week 4 - Budget Master...

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