Hi,

I need these accounting questions solved please. you can find the material in the attachments.

Thank you..

Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Sales in Units 60,000 80,000 100,000 85,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 20% of the following month's sales. The inventory at the end of March was 12,000 units. Required: Prepare a production budget for the second quarter; in your budget, show the number of units to be produced each month and for the quarter in total. Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows: Total cash receipts Total cash disbursements 1st Quarter $340,000 $386,000 2nd Quarter $460,000 $356,000 3rd Quarter $390,000 $346,000 4th Quarter $410,000 $366,000 The company's beginning cash balance for the upcoming fiscal year will be $24,000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loa quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounde Required: Complete the company's cash budget for the upcoming fiscal year. (Cash deficiencies, disbursements, repayments, and interest should be indicated by a minus sign.) Two grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small compan The cost of the musk oil is $1.50 per gram. Budgeted production of Mink Caress is given below by quarters for Ye quarter of Year 3: Budgeted production, in bottles First 74,000 Year 2 Second Third 104,000 164,000 Fourth 114,000 Year 3 First 84,000 Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 29,600 grams of musk oil will be on hand to start the first quarter of Year 2. Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2. (Round "Unit cost of raw materials" answers to 2 decimal places.)