Exercise7 - Jordan Poorkhodakaram Exercise 7.1 1 July May sales 43,000 June sales 378,000 July sales 120,000 August sales September sales Total Cash

Exercise7 - Jordan Poorkhodakaram Exercise 7.1 1 July May...

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Jordan Poorkhodakaram Exercise 7.1 1. July August September Total May sales 43,000 43,000 June sales 378,000 54,000 432,000 July sales 120,000 420,000 60,000 600,000 August sales 180,000 630,000 810,000 September sales 100,000 100,000 Total Cash Collections 541,000 654,000 790,000 1,985,000 2. Accounts Receiveable at September 30: From August sales: 90,000 From Spetember sales: 400,000 Total accounts receivable 490,000 Exercise 7-2 July August September Quarter Budgeted sales in units 30,000 45,000 60,000 135,000 Add desired ending inventory 4,500 6,000 5,000 5,000 Total needs 34,500 51,000 65,000 140,000 Less beginning inventory 3,000 4,500 6,000 3,000 Required production 31,500 46,500 59,000 137,000 July sales of 30,000 units x %10 = 3,000 units Exercise 7-3 Quarter Year 3 First Second Third Fourth First Req prod of calculators 60,000 90,000 150,000 100,000 80,000 # of chips per calculator x 3 x 3 x 3 x 3 x 3 Total production needs- chips 180,000 270,000 450,000 300,000 240,000 Year 2 First Second Third Fourth Year Production needs chips 180,000 270,000 450,000 300,000 1,200,000 Add desired ending inventory – chips 54,000 90,000 60,000 48,000 48,000
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Total needs chips 234,000 360,000 510,000 348,000 48,000 Less beginning inventory chips 36,000 54,000 90,000 60,000 36,000 Required purchase chips 198,000 306,000 420,00 288,000 1,212,000 Cost of Purchases at $2 per chip 396,000 612,000 840,000 576,000 2,424,000 Exercise 7-4 1.
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  • Spring '12
  • janigrt
  • #, $2, 5th millennium, Jordan Poorkhodakaram

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