1) Maple Ridge Corp has the following sales data forecast for the coming year

Q1 Budgeted sales in units 3,760.00

Q2 Budgeted sales in units 4,700.00

Q3 Budgeted sales in units 5,640.00

Q4 Budgeted sales in units 5,170.00

Selling price/ per unit $9.40

Sales collection in current quarter 65%

Sales collection in next quarter 30%

Uncollectible 5%

Last year outstanding A/R $37,835.00

Last year ending inventory 940.00

desired ending inventory is 7.05% of next quarter budgeted sales in units

desired ending inventory for the forth quarter is 1057.50

Please prepare the Sales and Production Budget.

2)Mindful Corp has following data to prepare the materials purchase budget

Q1 Required Production in units 2,964.00

Q2 Required Production in units 2,584.00

Q3 Required Production in units 2,356.00

Q4 Required Production in units 2,774.00

1st Quarter Beg raw materials inventor 1185.60 kg

1st Quarter Beg Accounts Payable $5,631.600

Each unit materials weight 0.76kg

Each kg costs: $1.52

Desired ending Inventory is 7.6% of next quarter purchase

Desired ending inventory for 4th quarter 1193.20 kg

75% Current quarter purchase paid in current quarter

25% Current quarter purchase paid in next quarter

Please prepare the materials purchase budget.