1. What are the budgeted total cash collections for the 1st quarter?

2. What are the budgeted total cash collections for the 2nd quarter?

3. What is the budgeted production for the first quarter in terms of number of units? (HINT: Convert total sales to unit sales for each month)

4. What is the budgeted direct materials cost for the first quarter?

5. What is the budgeted manufacturing overhead for the first quarter?

Lahser Corp. producs componcnt parts for durable medical equipment manufacturers. The controller is building a master budget for the firs quarter of the upoming colendar year. Selected inforrmation from the accounting records is presented next: 2. Accounts Rcccivaolc as cf Januarv 1 rc s 1.100. sclin price per unit is projectad to remain abic at $12 per unit throughout the budget period. Salcs forthc first six months of the upcoming Vcer re budgotod to be follows: Fobruan $112,000 114,400 pi 103,700 $123,000 b. Sales orc 30% cash nd 70% credit. All credt salas re colicctad in the month following the salc. e. Lansar Corp. has a policy that states that each months ending inventory of incncc good: chcu d b %of the toll ing mcnth, sales in unit dThree pounds or direct matarial is neaded Per unit at s2.40 per p.nc. Endi materials shauld b 20 next month', production nAAds. . Min thly manufacturing averhaa cnsta are $5,670 far tacrary rer , 9 O far other fixed manufacturin cost, a d1.10 ner "nit produce rar variat manufacturin ng invantory ot alract overh ad. All c ra ara aid in th month in which the an incurred