No. 2: Master Budget

#2. A

Cyber Security Systems had sales of 3,500 units at $75 per unit last year. The marketing manager projects a 30 percent increase in unit volume sales this year with a 40 percent price increase. Returned merchandise will represent 8 percent of total sales.

What is your net dollar SALES PROJECTION for this year?

#2. B

Sales for Ross Pros Sports Equipment are expected to be 4,800 units for the coming month. The company likes to maintain 10 percent of unit sales for each month in ending inventory. Beginning inventory is 300 units.

How many units should the firm produce for the coming month?

(Production requirements)

#2. C

J. Dots Clothiers has forecast credit sales for the fourth quarter of the year as:

September (actual)............................ $70,000

Fourth Quarter

October............................................. $60,000

November......................................... 55,000

December.......................................... 80,000

Experience has shown that 30 percent of sales are collected in the month of sale, 60 percent in the following month, and 10 percent are never collected.

Prepare a schedule of CASH RECEIPTS for J. Dots Clothiers covering the fourth quarter (October through December).

No. 3: Quality Management

Elaborate the role of Quality and Quality Management in Strategic Cost and Profit Management especially while taking competitive advantage in strategies management.

Requirement:

Brief report on the requirement with referenced information to avoid plagiarism.