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Deny Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Derry Manufacturing's operations (Click
Deny Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Derry Manufacturing's operations (Click the icon to view the data.) Click the loon to view additional data] Read the requirements % Requirement 1. Prepare a schedule of cash collections for January, February, and March, and for the quarter in total Derry Manufacturing Cash Collections Budget For the Quarter Ended March 31 Month February 24,000 $ 26.7305 24,840 5 January Cash sales % Credits sales Total cash collections 56.070 53,200 772305 12.00 $ March Quarter 75,000 62,370 171,640 87210 247,240 Requirement 2. Prepare a production budget (Hint: Unit sales Sales in dollars Selling price per unit) Derry Manufacturing Production Budget For the Quarter Ended March 31 Month January February March Quarter 8,900 9,900 9,200 20,000 % Plus: Desired ending inventory 990 920 050 960 Total needed 9,890 10.820 10,150 28,950 Help me solve this Video Get more help- Clear all Check answ
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