Selling price per unit 7 per unit Accounts receivable, beginning balance 65,000 • Sales collected in the quarter sales are made 75% Sales collected in the quarter after sales are made 25% • Desired...


D. What are the total expected cash disbursements for raw materials for the year under this revised budget?


e. After seeing this revised budget the production manager cautioned that due to the current production constraint a complex milling machine the plant can produce no more than 90000 units in any one quarter. Is this a potential problem ?


Selling price per unit<br>7 per unit<br>Accounts receivable, beginning balance<br>65,000<br>• Sales collected in the quarter sales are made<br>75%<br>Sales collected in the quarter after sales are made<br>25%<br>• Desired ending finished goods inventory is<br>30% of the budgeted unit sales of the next quarter<br>Finished goods inventory, beginning<br>12,000 units<br>Raw materials required to produce one unit<br>5 pounds<br>ok<br>Desired ending inventory of raw materials is<br>10% of the next quarter's production needs<br>nt<br>• Raw materials inventory, beginning<br>23,000 pounds<br>• Raw material costs<br>0.80 per pound<br>nces<br>• Raw materials purchases are paid<br>60% in the quarter the purchases are made<br>and<br>40% in the quarter following purchase<br>Accounts payable for raw materials, beginning balance<br>81,500<br>< Prev<br>of 3<br>Next ><br>..<br>%24<br>%24<br>%24<br>%24<br>

Extracted text: Selling price per unit 7 per unit Accounts receivable, beginning balance 65,000 • Sales collected in the quarter sales are made 75% Sales collected in the quarter after sales are made 25% • Desired ending finished goods inventory is 30% of the budgeted unit sales of the next quarter Finished goods inventory, beginning 12,000 units Raw materials required to produce one unit 5 pounds ok Desired ending inventory of raw materials is 10% of the next quarter's production needs nt • Raw materials inventory, beginning 23,000 pounds • Raw material costs 0.80 per pound nces • Raw materials purchases are paid 60% in the quarter the purchases are made and 40% in the quarter following purchase Accounts payable for raw materials, beginning balance 81,500 < prev="" of="" 3="" next=""> .. %24 %24 %24 %24
rement 2:<br>ompany has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling<br>from $8 to $7. The marketing manager would like to use the following projections in the budget:<br>2 of 2<br>Year 2 Quarter<br>Year 3 Quarter<br>1<br>2<br>4<br>2<br>geted unit sales<br>ling price per unit<br>45,000<br>$7<br>70,000<br>120,000<br>75,000<br>85,000<br>95,000<br>eBook<br>A<br>B<br>C<br>E<br>Print<br>Chapter 8: Applying Excel<br>eferences<br>Data<br>Year 3 Quarter<br>1<br>4<br>1<br>Budgeted unit sales<br>45,000<br>70,000<br>120,000<br>75,000<br>85,000<br>95,000<br>Ac<br>Graw<br>Hill<br>< Prev<br>of 3<br>Next ><br>...... ....*RE<br>11:17 PM<br>DELL<br>ear<br>3/10/2022<br>

Extracted text: rement 2: ompany has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling from $8 to $7. The marketing manager would like to use the following projections in the budget: 2 of 2 Year 2 Quarter Year 3 Quarter 1 2 4 2 geted unit sales ling price per unit 45,000 $7 70,000 120,000 75,000 85,000 95,000 eBook A B C E Print Chapter 8: Applying Excel eferences Data Year 3 Quarter 1 4 1 Budgeted unit sales 45,000 70,000 120,000 75,000 85,000 95,000 Ac Graw Hill < prev="" of="" 3="" next=""> ...... ....*RE 11:17 PM DELL ear 3/10/2022
Jun 11, 2022
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