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Hawaiian Breeze Limited forecasts its sales in units for the next four months as follows: March April May June 26,000 28,000 25,500 24,000 Hawaiian Breeze

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Hawaiian Breeze Limited forecasts its sales in units for the next four months as follows: March April May June 26,000 28,000 25,500 24,000 Hawaiian Breeze maintains an ending inventory for each month in the amount of three times the expected sales in the following month. The ending inventory for February (March's beginning inventory) reflects this policy. Materials cost $8 per unit and are paid for in the month after production. Labour cost is $12 per unit and is paid for in the month incurred. Fixed overhead is $22,000 per month. Dividends of $22,000 are to be paid in May. Twenty five thousand units were produced in February a. Complete a production schedule for March, April, and May. (Enter all values as positive value.) Hawaiian Breeze Limited Production Schedule March April May June Forecasted unit sales Desired ending inventory Beginning inventory Units to be produced b. Complete a summary of cash payments for March, April, and May. Hawaiian Breeze Limited Cash Payments February March April May S S Units produced Materials Labour Fixed overhead Dividends Total cash payments S $ S wa

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