Bombs Away Video Games Corporation has forecasted the following monthly sales: $ 116,000 July 109,000 August 41,000 September 41,000 October 36,000 November 51,000 December Total annual sales = $948,000 January February March April May June $ 61,000 61,000 71,000 101,000 121,000 139,000 Bombs Away Video Games sells the popular Strafe and Capture video game. It sells for $5 per unit and costs $2 per unit to produce. A level production policy is followed. Each month's production is equal to annual sales (in units) divided by 12. Of each month's sales, 40 percent are for cash and 60 percent are on account. All accounts receivable are collected in the month after the sale is made. a. Construct a monthly production and inventory schedule in units. Beginning inventory in January is 41,000 units. Note: Input all your answers as positive numbers. Bombs Away Video Games Corporation Production and Inventory Schedule in Units + Production Sales Beginning Inventory = Ending Inventory

Bombs Away Video Games Corporation has forecasted the following monthly sales: Bombs Away Video Games sells the popular Strafe and Capture video game. It sells for $5 per unit and costs $2 per unit to produce. A level production policy is followed. Each month's production is equal to annual sales (in units) divided by 12 . Of each month's sales, 40 percent are for cash and 60 percent are on account. All accounts receivable are collected in the month after the sale is made. a. Construct a monthly production and inventory schedule in units. Beginning inventory in January is 41,000 units Note: Input all your answers as positive numbers. Prepare a monthly 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 $5,000, which is also the minimum desired. Note: Negative amounts should be indicated by a minus sign. Leave no cells blank be certain to enter ' O ' wherever required. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Bombs Away Video Games Corperation } \\ \hline \multicolumn{7}{|c|}{ Cash Budgot } \\ \hline & July & August & September & October & November & December \\ \hline \multicolumn{7}{|l|}{ Beginning cash } \\ \hline \multicolumn{7}{|l|}{ Net cash fow } \\ \hline \multicolumn{7}{|l|}{ Cumulative cash balance } \\ \hline \multicolumn{7}{|l|}{ Monthly loan of (repayment) } \\ \hline \multicolumn{7}{|l|}{ Ending cash balance } \\ \hline Cumulative ioan balance & & & & & & \\ \hline \end{tabular} Prepare a cash payments schedule for January through December. The production costs of $2 per unit are paid f the month in which they occur. Other cash payments, besides those for production costs, are $61,000 per month. Prepare a cash payments schedule for January through December. The production costs of $2 per unit are paid for in the month in which they occur. Other cash payments, besides those for production costs, are $61,000 per month. a. Construct a monthly production and inventory schedule in units. Beginning inventory in January is 41,000 units. Note: Input all your answers as positive numbers. b. Prepare a monthly schedule of cash receipts. Sales in December before the planning year are $100,000