idis purgid budget for the first three months of the year, as well as a summary buc Home Sweet Home Direct Materials Budget For the Quarter Ended March 31 January February March Quarter Units to be produced Multiply by: Quantity (board feet) of DM needed per unit Quantity (board feet) needed for production Plus: Desired ending inventory of DM Total quantity (board feet) needed Less: Beginning inventory of DM Quantity (board feet) to purchase Multiply by: Cost per board foot Total cost of DM purchases Requirement 4. Prepare the cash collections budget for January, February, and March, as well as a summary for the first quarter Review the sales budget prepared in Requirement 1. Home Sweet Home Cash Collections Rudiant Enter any number in the edit fields and then continue to the next question (99+ after Apr 22 at 12am TW 18 of 29 (29 complete) for Stoper birdfeeder. Each birdfeeder to main an ending stock of wood The company would also like to maintain an ending stock of finished breeders equal to 10% of the next mont's follows em Click the icon to view the data) Click the icon to data) Read the regulament More Info wo -X 7e dou Data Table In any given monty 15% of the total sales are cash sales. While the retainder are credit sales the company's collection history indicates that 60% of credit si collected in the month after the sale, 30% is collected two months after the sale, 5% collected three months after the sale and the remaining 5% never collected Assume that the total cost of direct materials purchases in December w $580.000 The company pays 55% of its direct materials purchases in the month of purchase, and pays the remaining 45% in me month after purchase October actual sales prior year) November actual sales prior year). December actual sales prior year) January projected sales February projected sales March projected sales April projected sales Units 88.000 85.000 79.000 2000 94000 90.000 107.000 Print Done Print Done or the first quarter (Round your answer to the pen whole dar) LG idis purgid budget for the first three months of the year, as well as a summary buc Home Sweet Home Direct Materials Budget For the Quarter Ended March 31 January February March Quarter Units to be produced Multiply by: Quantity (board feet) of DM needed per unit Quantity (board feet) needed for production Plus: Desired ending inventory of DM Total quantity (board feet) needed Less: Beginning inventory of DM Quantity (board feet) to purchase Multiply by: Cost per board foot Total cost of DM purchases Requirement 4. Prepare the cash collections budget for January, February, and March, as well as a summary for the first quarter Review the sales budget prepared in Requirement 1. Home Sweet Home Cash Collections Rudiant Enter any number in the edit fields and then continue to the next question (99+ after Apr 22 at 12am TW 18 of 29 (29 complete) for Stoper birdfeeder. Each birdfeeder to main an ending stock of wood The company would also like to maintain an ending stock of finished breeders equal to 10% of the next mont's follows em Click the icon to view the data) Click the icon to data) Read the regulament More Info wo -X 7e dou Data Table In any given monty 15% of the total sales are cash sales. While the retainder are credit sales the company's collection history indicates that 60% of credit si collected in the month after the sale, 30% is collected two months after the sale, 5% collected three months after the sale and the remaining 5% never collected Assume that the total cost of direct materials purchases in December w $580.000 The company pays 55% of its direct materials purchases in the month of purchase, and pays the remaining 45% in me month after purchase October actual sales prior year) November actual sales prior year). December actual sales prior year) January projected sales February projected sales March projected sales April projected sales Units 88.000 85.000 79.000 2000 94000 90.000 107.000 Print Done Print Done or the first quarter (Round your answer to the pen whole dar) LG