AC_505 project A - PROJECT A - Case 9-30 Student Name:...

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PROJECT A - Case 9-30 Student Name: Tejendra Patel 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 SCHEDULE OF EXPECTED CASH COLLECTIONS: April May June Quarter February sales (10%) 26,000 26,000 March sales (70%, 10%) 280,000 40,000 320,000 April sales (20%, 70%, 10%) 130,000 455,000 65,000 650,000 May sales (20%, 70%) 200,000 700,000 900,000 June sales (20%) 100,000 100,000 Total Cash Collections 436,000 695,000 865,000 1,996,000 MERCHANDISE PURCHASES BUDGET: April May June Quarter Budgeted unit sales 65,000 100,000 50,000 215,000 40,000 20,000 12,000 72,000 Total needs 105,000 120,000 62,000 287,000 Less beginning inventory 26,000 40,000 20,000 86,000 Required purchases 79,000 80,000 42,000 201,000 Cost of purchases @ $4 per uni 316,000 320,000 168,000 804,000 * 40% of next month unit sales BUDGETED CASH DISBURSEMENTS FOR MERCHANDISE PURCHASES: April May June Quarter
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This note was uploaded on 02/05/2012 for the course BUSINESS FI515 taught by Professor Arthonanyan during the Spring '10 term at Keller Graduate School of Management.

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