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a. Navigator sells GPS trackers for $55 each. It expects sales of 5,900 units in quarter 1 and a 5% increase each subsequent quarter for

a.

Navigator sells GPS trackers for $55 each. It expects sales of 5,900 units in quarter 1 and a 5% increase each subsequent quarter for the next 8 quarters. Prepare a sales budget by quarter for the first year. Round final answers to nearest whole dollar.

For the Year Ending Dec. 31, 20XX
Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total
Expected Sales (Units)
Sales Price per Unit
Total Sales Revenue

b.

makes universal remote controls and expects to sell 550 units in January, 750 in February, 500 in March, 500 in April, and 550 in May. The required ending inventory is 10% of the next months sales. Prepare a production budget for the first four months of the year.

For the Four Months Ending April 30, 20XX
January February March April
Expected Sales
Desired Ending Inventory
Total Required Units
Beginning Inventory
Required Production
Total

c. how much direct materials needs to be purchased?

Beginning materials inventory $75,600
Ending materials inventory 79,000
Materials needed for production 460,000

Purchases required $

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