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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

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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, 20 percent are for cash and 80 percent are on account. All accounts recelvable 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 24,000 units: Note: Input all your answers as positive numbers. 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 $44,000 per month. d. 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. b. Prepare a monthly schedule of cash receipts. Sales in December before the planning year are $100,000. 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, 20 percent are for cash and 80 percent are on account. All accounts recelvable 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 24,000 units: Note: Input all your answers as positive numbers. 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 $44,000 per month. d. 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. b. Prepare a monthly schedule of cash receipts. Sales in December before the planning year are $100,000

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