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Among the items it manufactures Jefferson Wine Accessories ( JWA ) produces drink coasters. In FY 2 0 2 2 JWA sold 3 2 ,
Among the items it manufactures Jefferson Wine Accessories JWA produces drink coasters. In FY JWA sold packages per month containing four coasters each for $ per package. JWA expects to increase the number packages sold per month by per year in FY The sales price per package is expected to increase to $ for FY JWA targets ending finished goods inventory for each month to equal packages in FY As the company is preparing its FY budget it anticipates its ending Finished Goods inventory for FY to equal packagesEach package requires pound of cork. At the end of FY management expects to have pounds of cork in raw materials inventory. JWA targets to have raw material stocks of cork equal to pounds at the end of each month during FY JWA anticipates the cost of cork to average $ per pound for the year.JWA's sales of coasters are all done through distributors. JWA collects of its sales revenue in the month of the sale and in the month following the sale. of gross sales are written off as baddebts each month.On JWA anticipates having an Accounts Receivable balance of $JWA's cork suppliers are paid of monthly purchase costs in the month of the purchase and in the month following the purchase. On JWA estimates its Accounts Payable balance to be $
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What is the budgeted amount of cash to be collected in January Include collections from sales in both January and prior months
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What is the budgeted amount of cash to be paid in January Include payments from both purchases in January and prior months
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What is the budgeted amount of inventory purchases made in January to be paid in February
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What is the budgeted January net cash flow from purchases of Raw Materials and Sales of coasters? Let a positive number represent an increase in cash and a negative number represent a decrease in cash flow.
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