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answer all parts please and thank you! Esquire Products Incorporated expects the following monthly sales: Cash sales are 40 percent in a glven month, with

answer all parts please and thank you!
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Esquire Products Incorporated expects the following monthly sales: Cash sales are 40 percent in a glven month, with the remainder going into accounts receivable. All recelvables are collected in the month foliowing the sale. Esquire sells all of its goods for $2 each and produces them for $1 each. Esquire uses level production, and average monthly production is equal to annual production divided by 12 . a. Generate a monthly production and inventory schedule in units, Beginning inventory in January is 26,000 units. Note: Input all your answers as positive numbers. Prepare a cash receipts schedule for January through December. Assume that dollar sales in the prior December were $20,000 c. Prepare a cash payments schedule for January through December. The production costs ( $1 per unit produced) are paid for in th month in which they occur. Other cash payments (besides those for production costs) are $8,800 per month. . Construct a cash budget for January through December using the cash receipts schedule from part b and the cash payments schedule from part c. The beginning cash balance is $3,000, which is also the minimum desired. Note: Negative amounts should be indicated by a minus sign. Leave no cells blank be certain to enter '0' wherever required. e. Determine total current assets for each month. Include cash, accounts receivable, and inventory. The accounts recelvable for a given month is equal to 60 percent of that month's sales. Inventory is equal to ending inventory (part a) times the cost of $1 per unit. Esquire Products Incorporated expects the following monthly sales: Cash sales are 40 percent in a glven month, with the remainder going into accounts receivable. All recelvables are collected in the month foliowing the sale. Esquire sells all of its goods for $2 each and produces them for $1 each. Esquire uses level production, and average monthly production is equal to annual production divided by 12 . a. Generate a monthly production and inventory schedule in units, Beginning inventory in January is 26,000 units. Note: Input all your answers as positive numbers. Prepare a cash receipts schedule for January through December. Assume that dollar sales in the prior December were $20,000 c. Prepare a cash payments schedule for January through December. The production costs ( $1 per unit produced) are paid for in th month in which they occur. Other cash payments (besides those for production costs) are $8,800 per month. . Construct a cash budget for January through December using the cash receipts schedule from part b and the cash payments schedule from part c. The beginning cash balance is $3,000, which is also the minimum desired. Note: Negative amounts should be indicated by a minus sign. Leave no cells blank be certain to enter '0' wherever required. e. Determine total current assets for each month. Include cash, accounts receivable, and inventory. The accounts recelvable for a given month is equal to 60 percent of that month's sales. Inventory is equal to ending inventory (part a) times the cost of $1 per unit

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