Hi, can you please answers of these 4 questions as soon as possible.

ACCT 306 ASSIGNMENT Q # 1: Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: Budgeted sales (all on account) April $430,000 May $630,000 June $200,000 Total $1,260,000 From past experience, the company has learned that 25% of a month's sales are collected in the month of sale, another 60% are collected in the month following sale, and the remaining 15% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $360,000, and March sales totaled $390,000. Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. SCHEDULE OF EXPECTED CASH COLLECTION February sales March sales April sales May sales June sales Total cash collections April May june Total 2. Assume that the company will prepare a budgeted balance sheet as of June 30. Compute the accounts receivable as of that date. MAY SALES JUNE SALES Total Account Receiveable at JUNE 30 Q# 2: Lindon Company is the exclusive distributor for an automotive product that sells for $18.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $92,340 per year. The company plans to sell 13,200 units this year. Required: 1. What are the variable expenses per unit? 2. Use the equation method: a. What is the break-even point in unit sales and in dollar sales? Break even point in unit sales Break even point in dollar sales b. What amount of unit sales and dollar sales is required to earn an annual profit of $27,000? Sales level in units Sales level in dollars c. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $1.80 per unit. What is the company's new break-even point in unit sales and in dollar sales? New break even point in unit sales New break even point in dollar sales 3. Repeat (2) above using the formula method. a. What is the break-even point in unit sales and in dollar sales? Break even point in unit sales Break even point in dollar sales b. What amount of unit sales and dollar sales is required to earn an annual profit of $307,800? Sales level in units Sales level in dollars c. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $1.80 per unit. What is the company's new break-even point in unit sales and in dollar sales? New break even point in unit sales New break even point in dollar sales Q#3 Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Ltd., for a cost of $35 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following information relating to its own cost of producing the carburetor internally: 16,000 Units Per Year Per Unit Direct materials Direct labor Variable manufacturin g overhead Fixed manufacturin g overhead, traceable Fixed manufacturin g overhead, allocated Total cost $ $ 9 $ 144,000 11 176,000 3 48,000 9* 144,000 13 208,000 45 $ 720,000 *40% supervisory salaries; 60% depreciation of special equipment (no resale value). MAKE BUY TOTAL RELVENT COST(16000 UNITS) Required: 1a. Assuming that the company has no alternative use for the facilities that are now being used to produce the carburetors, compute the total cost of making and buying the parts. (Round your Fixed manufacturing overhead per unit rate to 2 decimals.) 1b. Should the outside supplier's offer be accepted? Accept Reject 2a. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $149,400 per year. Compute the total cost of making and buying the parts. (Round your Fixed manufacturing overhead per unit rate to 2 decimals.) 2b. Should Troy Engines, Ltd., accept the offer to buy the carburetors for $35 per unit? Reject Accept GQQQarrison 15e R Q# 4: Juniper Design Ltd. of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $410,000 on sales of $1,800,000. The company's average operating assets for the year were $2,000,000 and its minimum required rate of return was 10%. Required: Compute the company's residual income for the year AVERAGE OPERATING ASSESTS NET OPERATING INCOME MINIMUM REQUIRED RETURN RESIDUAL INCOME . AVERAGEAAAecheck 2014-12-31