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fill in the question marks with formulas Chapter : Applying Exce Year 2 Quarter Year 3 Quarter 3 100,000 Budgeted unit sales 60,000 50,000 70,000
fill in the question marks with formulas
Chapter : Applying Exce Year 2 Quarter Year 3 Quarter 3 100,000 Budgeted unit sales 60,000 50,000 70,000 80,000 Selling price per unit Accounts receivable, beginning balance Sales collected in the quarter sales are made Sales collected in the quarter after sales are made Desired ending finished goods inventory is Finished goods inventory, beginning Raw materials required to produce one unit Desired ending inventory of raw materials is Raw materials inventory, beginning Raw material costs Raw materials purchases are paid $8 per unit 75%, 30% of the budgeted unit sales of the next quarter $65.000 12,000 units 10% of the next quarter's production needs 23,000 pounds 0.80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase Accounts payable for raw materials, beginning balance $81,500 Enter a formula into each of the cells marked with a? below Review Problem: Budget Schedules Construct the sales budget Year 2 Quarter Year 3 Quarter 3 Budgeted unit sales Selling price per unit Total salesStep by Step Solution
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