Accounting

Read Marsh exclusively et al., Chapters 14-16, and complete written responses to the spare-time activity exercises and problems implant at the end of the assigned chapters in the schoolbook: Chapter 14: pp. 564-573 E14.1 take and purchases budgets. Gold Metal Productions, Inc., makes award medallions that nuclear number 18 inclined to palm trees. Each medallion requires 18 inches of ribbon. The sales calculate for July is 4,000 medallions. Estimated root word inventories and desired closing curtain inventories for July atomic number 18: Estimated Beginning Inventory wishing Ending Inventory Medallions . 2,000 1,600 Ribbon (yards) ...... 100 40 essential: a. Calculate the list of medallions to be produced in July. Goods for sale = 4000 + 1600 = 5600 medallions Production = 5600 2000 = 3600 medallions (to be produced in July) b. Calculate the number of yards of ribbon to be purchased in July. Materials getable = 1800 + 40 = 1840 yards of ribbon Purchases = 1840 100 (beginning inventory) = 1740 yards of ribbon to be purchased in July E14.5 Cash pass along budget. capital of South Carolina Centers sales are all make on account. The firms accretion ingest has been that 25% of a months sales are serene in the month the sale is made, 60% are poised in the month following the sale, and 14% are store in the second month following the sale. The sales forecast for the months of January through April is: January .

$120,000 February $140,000 shew $150,000 April ...$175,000 Required: Calculate the money collection that would be included in the cash budgets f! or March and April. communicate Sales: January $120,000February $140,000March $150,000 April $175,000 |Cash |March |April | |25% current month...If you sine qua non to get a full essay, send it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay