Budgeted unit sales

$15t$ vuarter

Ind vuarte $14,609$

$3$ ra Quart $16,090$

$4$th vuarter

$15,600$

The selling price of the company's product is $$29$ per unit. Management expects to collect $65\%$ of sales in the quarter in which th sales are made and $30\%$ in the following quarter, $5\%$ of sales are expected to be uncollectible. The beginning balance of account receivable, all of which is expected to be collected in the first quarter, is $$74,200.$

The company expects to start the first quarter with $2,600$ units in finished goods inventory. Management desires an ending finishe goods inventory in each quarter equal to $20\%$ of the next quarter's budgeted sales. The desired ending finished goods inventory the fourth quarter is $2,800$ units.

Required:

Calculate the estimated sales for each quarter and for the year as a whole.

Calculate the expected cash collections for each quarter and for the year as whole

Calculate the required production in units of finished goods for each quarter and for the year as a whole.

Complete this question by entering your answers in the tabs below.

Required $3$

Calculate the estimated sales for each quarter and for the year as a whole.

$\backslash$table$[[,$Ist Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,Year$]]$

the fourth quarter is $2,800$ units.

Required:

Calculate the estimated sales for each quarter and for the year as a whole,

Calculate the expected cash collections for each quarter and for the year as a whole.

Calculate the required production in units of finished goods for each quarter and for the year as a whole.

Complete this question by entering your answers in the tabs below.

Required $1$

Calculate the expected cash collections for each quarter and for the year as a whole.

$\backslash$table$[[$Total cash collections,$1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,Year$]]$

Required:

Calculate the estimated sales for each quarter and for the year as a whole.

Calculate the expected cash collections for each quarter and for the year as a whole.

Calculate the required production in units of finished goods for each quarter and for the year as a whole.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Requirind $3$

Calculate the required production in units of finished goods for each quarter and for the year as a whole.

$\backslash$table$[[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,Year$],[$Required production in units,,,,,$]]$Please show all calculations