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i need help solve Parts 5, 6, and 7. please and thank you BUDGETS 2 Thunder Creek Company expects sales of 18,000 units in January
i need help solve Parts 5, 6, and 7. please and thank you
BUDGETS 2 Thunder Creek Company expects sales of 18,000 units in January 2018, 24,000 units in February, 30,000 units in March, 34,000 in April, and 36,000 in May. The sales price is $34 per unit 3 Create a sales budget. 2018 Budget#1: Sales Budget 7 Budgeted units to be sold 8 Sales price per unit 9 Total Sales 10 11 Thunder Creek wants to finish each month with 20% of next month's sales in units 12 Create a production budget. Jan Mar Q1 Total April 24,000 34,000 36,000 612,000 816,00o$ 1,020.000$ 2.448,000 1,156,000 1,224,000 13 Hint: Beginning inventory for the period is equal to the ending inventory of the previous period. 2018 2017 Det 15 16 Budget 82: Production Budget Feb Mar 1 alApril May 24,000 5,000 Budgeted units to be sold 30,000 36,000 4,500 6,800 .200 18 Plus: Desired units in ending inventory 10 Total units needed 22,80030,000 44.400 78.800 41,200 14,400 6,000 Less: Units in beginning inventory Budgated units to be produced 6,800 34,400 19,200 64.400 nstructions Budgets O Type here to searchStep by Step Solution
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