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help please? b. All sales are on account. Based on past experience, sales are expected to be collected in the following pattern: 40% in the

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b. All sales are on account. Based on past experience, sales are expected to be collected in the following pattern: 40% in the month of sale 50% in the month following sale 10% uncollectible The beginning accounts receivable balance (excluding uncollectible amounts) on July I will be $130,000. c. The Company maintains finished goods inventories equal to 10% of the following month's sales. The inventory of finished goods on July 1 will be 600 pairs. d. Each pair of swimming gadget requires 2kgs of black compound. To prevent shortages, the company would like the inventory of black compound on hand at the end of each month to be equal to 20% of the following months production needs. The inventory of black compound on hand on July 1 will be 2,440 kilograms. e. Black compound costs $2.50 per kg. Naya pays for 60% of its purchases in the month of purchase; the remainder is paid for in the following month. The accounts payable balance for black compound purchases will be $11,400 on July 1.Naya Company manufactures an advanced swimming gadget for divers. Management is now preparing detailed budgets for the third quarter, July through September, and has assembled the following information to assist in the budget preparation: a. The Marketing Department has estimated sales as follows for the remainder of the year(in pairs of swimming gadgets): July 6,000 October . . . . . . . . .... 4,000 August 7,000 November . . . . . . . . .... 3,000 September 5,000 December . . . . . . . . .... 3,000 The selling price of the swimming gadget is $50 per pair. MacBook Pro 20 568 F5 F6 44 F10 F3 F7 $

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