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Can you show me how to do this in excel? Balance Sheet Information Stride Manufacturing Company December 31, 2016 Assets abilities 10.600 42,586 Short Term
Can you show me how to do this in excel?
Balance Sheet Information Stride Manufacturing Company December 31, 2016 Assets abilities 10.600 42,586 Short Term Investments Finished Goods Inventory Raw Materials Inventory Total Current Assets $16,406 Equity Buildings & Equipment $225,000 Less Accumulated Depreciation -28800 Retained Earnings 82,006 Net Buildings & Equipment Total Equity 307,006 $317,606 Total Liabilities & Equity $317,606 Note: Accounts receivable represents amounts due from customers for the previous quarter's sales. Accounts payable represents amounts due to vendors for direct materials purchases only. Requirements 1. Prepare a sales budget for each quarter and the year in total. 2. Prepare a production budget. 3. Prepare a direct materials budget. 4. Prepare a cash payments budget for the direct material purchases from Requirement 3. 5. Prepare a direct labor budget. 6. Prepare a manufacturing overhead budget. 7. Prepare an operating expense budget. 8. Prepare a combined cash budget. 9. Calculate the budgeted manufacturing cost per unit. 10. Prepare a budgeted income statement for the year ending December 31, 2017 (Hint: cost of goods sold. Budgeted cost of manufacturing each unit x Number of units sold.) Step by Step Solution
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