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1 2 budgeted unit sales selling price per unit total

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1 2 Budgeted unit sales ? ? ? ? ? ? Selling price per unit ? ? ? ? ? ? Total sales ? ? ? ? ? ? Construct the schedule of expected cash collections Year 2 Quarter 1 2 3 4 Year Accounts receivable, beginning balance ? ? First-quarter sales ? ? ? Second-quarter sales ? ? ? Third-quarter sales ? ? ? Fourth-quarter sales ? ? Total cash collections ? ? ? ? ? Construct the production budget Year 2 Quarter Year 3 Quarter 1 2 3 4 Year 1 2 Budgeted unit sales ? ? ? ? ? ? ? Add desired finished goods inventory ? ? ? ? ? ? Total needs ? ? ? ? ? ? Less beginning inventory ? ? ? ? ? ? Required production ? ? ? ? ? ? Construct the raw materials purchases budget Year 2 Quarter Year 3 Quarter 1 2 3 4 Year 1 Required production (units) ? ? ? ? ? ? Raw materials required to produce one unit ? ? ? ? ? ? Production needs (pounds) ? ? ? ? ? ? Add desired ending inventory of raw materials (pounds) ? ? ? ? ? Total needs (pounds) ? ? ? ? ? Less beginning inventory of raw materials (pounds) ? ? ? ? ? Raw materials to be purchased ? ? ? ? ? Cost of raw materials per pound ? ? ? ? ? Cost of raw materials to be purchased ? ? ? ? ? Construct the schedule of expected cash payments Year 2 Quarter 1 2 3 4 Year Accounts payable, beginning balance ? ? First-quarter purchases ? ? ? Second-quarter purchases ? ? ? Third-quarter purchases ? ? ? Fourth-quarter purchases ? ? Total cash disbursements ? ? ? ? ?
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