only Number 6 Answer i need. please. rest all set just number 6 please

if you can answer all would be great. because this is a project and everyone is doing different part.

i added again please help me with questions no 6. please give me elaborate brief answer.

please solve question 6 please that's very important for me please!

Required: Prepare a sales budget for January through March and for the Quarter in total. The selling price per unit is $50.00. Use five digits in the assigned Group ID number as basis for the data for budgeted sales in units. Budgeted sales are obtained by multiplying each number in the ID by 10,000. However, note that if your groups ID# contains the number 0 use 10 instead. For example, if the group ID # is 14607, the budgeted sales in units would be: December of the previous year 10,000 January 40,000 February 60,000 March 100,000 April 70,000

2. Prepare a purchases budget and the schedule for Disbursements for Purchases for January through March and for the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 50% of next months projected sales.

3. Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $70,000.00, and this was the balance in the cash account on January 1. Past experience shows that 40% of sales are collected in the month of the sale, and 60% in the month following the sale. Selling cost is $12 per unit sold. Other expenses include $35,000 per month for rent, $104,000 for advertising, and $76,000 per month for depreciation. All costs are paid in the current month except inventory purchases, which are paid in the month following the purchase (i.e. January purchases of inventory are paid in February). The company has an open line of credit with a bank and can borrow at an annual rate of 12%. For simplification assume that all loans are made at the beginning of the month when a borrowing need is identified and repayments are made at the end of a month if there is enough cash to make the payment. Also, interest associated with a loan is only paid at the time when that loan is paid (i.e. a loan is only paid if there is enough cash to pay off the whole loan, any interest associated with it and still have enough cash left over for the minimum cash balance.)

4. Prepare the Budgeted Income Statement based on the information given above. Label the budgets prepared in Steps 1-4 as budget scenario A.

5. Repeat steps 2-4 for budget scenarios B and C using the following Desired Ending Inventory assumptions: Ending Inventory B. 90% C. 5%

6. Write a brief analysis of the three inventory policies depicted in the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtained from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advising the President of the company about the companys inventory policies. Your write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spelling are important.

This is a group assignment. I will be forming the groups and assigning a Group ID number. Only one assignment will need to be uploaded for each group. Your Group ID number should be posted on each page. You can also choose a name for your company that you can use in the label of your budgets. Prepare the following budgets for a merchandising company on a computer spreadsheet such as Excel. Follow the format of the budgets shown in chapter 8 of your textbook. The budgets should be in proper format. That is, each budget should be properly labeled and should start and end on one page without having page breaks in the middle. There can be more than one budget or a budget schedule on the same page (For example, the Sales Budget and the Schedule of Cash Collections can be on the same page) so long as they completely fit on that same page. Required: Prepare a sales budget for January through March and for the Quarter in total. The selling price per unit is $50.00. Use five digits in the assigned Group ID number as basis for the data for budgeted sales in units. Budgeted sales are obtained by multiplying each number in the ID by 10,000. However, note that if your groups ID# contains the number 0 use 10 instead. For example, if the group ID # is 14607, the budgeted sales in units would be: December of the previous year 10,000 January 40,000 February 60,000 March 100,000 April 70,000

2. Prepare a purchases budget and the schedule for Disbursements for Purchases for January through March and for the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 50% of next months projected sales.

3. Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $70,000.00, and this was the balance in the cash account on January 1. Past experience shows that 40% of sales are collected in the month of the sale, and 60% in the month following the sale. Selling cost is $12 per unit sold. Other expenses include $35,000 per month for rent, $104,000 for advertising, and $76,000 per month for depreciation. All costs are paid in the current month except inventory purchases, which are paid in the month following the purchase (i.e. January purchases of inventory are paid in February). The company has an open line of credit with a bank and can borrow at an annual rate of 12%. For simplification assume that all loans are made at the beginning of the month when a borrowing need is identified and repayments are made at the end of a month if there is enough cash to make the payment. Also, interest associated with a loan is only paid at the time when that loan is paid (i.e. a loan is only paid if there is enough cash to pay off the whole loan, any interest associated with it and still have enough cash left over for the minimum cash balance.)

4. Prepare the Budgeted Income Statement based on the information given above. Label the budgets prepared in Steps 1-4 as budget scenario A.

5. Repeat steps 2-4 for budget scenarios B and C using the following Desired Ending Inventory assumptions: Ending Inventory B. 90% C. 5%

6. Write a brief analysis of the three inventory policies depicted in the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtained from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advising the President of the company about the companys inventory policies. Your write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spelling are important.

6. Write a brief analysis of the three inventory policies depicted m the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtained from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advismg the President of the company about the company's mventory policies. Your write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spellmg are important 567 Required: 1. Prepare a sales budget for January through March and for the Quarter in total. The selling price per unit is $50.00. Use five digits in the assigned Group ID number as basis for the data for budgeted sales in units. Budgeted sales are obtained by multiplying each number in the ID by 10,000. However, note that if your group's ID# contains the number 0 use 10 instead. For example, if the group ID # is 14607, the budgeted sales in units would be: December of the previous year 10,000 January 40,000 February 60,000 March 100,000 April 70,000 2. Prepare a purchases budget and the schedule for Disbursements for Purchases for January through March and for the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 50% of next month's projected sales. 3. Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $70,000.00, and this was the balance in the cash account on January 1. Past experience shows that 40% of sales are collected in the month of the sale, and 60% in the month following the sale. Selling cost is $12 per unit sold. Other expenses include $35,000 per month for rent $104,000 for advertising, and $76,000 per month for depreciation. All costs are paid in the current month except inventory purchases, which are paid in the month following the purchase (i.e. January purchases of inventory are paid in February). The company has an open line of credit with a bank and can borrow at an annual rate of 12%. For simplification assume that all loans are made at the beginning of the month when a borrowing need is identified and repayments are made at the end of a month if there is enough cash to make the payment. Also, interest associated with a loan is only paid at the time when that loan is paid i.e. a loan is only paid if there is enough cash to pay off the whole loan, any interest associated with it and still have enough cash left over for the minimum cash balance.) have enough cash left over for the mmmum cash balance.) 4. Prepare the Budgeted Income Statement based on the information given above Label the budgets prepared in Steps 1-4 as budget scenario Al 5. Repeat steps 2-4 for budget scenarios B and C using the following Desired Ending Inventory assumptions: Ending Inventory 90% 15% T C. 6. Write a brief analysis of the three inventory policies depicted in the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtained from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advising the President of the company about the company's inventory policies. Your write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spelling are important ! ! ! 1. Prepare a sales budget for January through March and for the Quarter m total. The selling price per mit is $50.00. Use five digits in the assigned Group ID number as basis for the data for budgeted sales m imits. Budgeted sales are obtamed by multiplymg each number m the D by 10,000. However, note that if your group's ID# contams the number Ouse 10 mstead For example, if the group ID# is 14607, the budgeted sales in uits would be December of the previous year10.000 January 40.000 February 60,000 Niarch 100.000 April 70,000 2. Prepare a purchases budget and the schedule for Disbursements for Purchases for January through March and for the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value quality ad on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 50% of next month's projected sales. 3. Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $70,000.00. and this was the balance in the cash account on January 1. Past experience shows that 40% of sales are collected in the month of the sale, and 60% in the month following the sale. Selling cost is $12 per unit sold. Other expenses include $35.000 per month for rent $10400 for advertising and $176 000 AG Tantanth H ALL and for the first quarter m total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competive and customers haghly valve quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory shouli equal 50% of next month's projected sales. 3. Prepare a cash budget for January through March and for the first quarter m total. The company maintams a mmmum cash balance of $70,000.00, and this was the balance the cash account on January 1. Past experience shows that 40% ofsales are collected in the month of the sale, and 60% in the month followmg the sale. Selling cost is $12 per unit sold. Other expenses include $35,000 per month for rent, $104,000 for advertising, and $76,000 per month for depreciation. All costs are paid m the current month except mventory purchases, which are paid m the month followmg the purchase (1.e. January purchases of mventory are paid in February). The company has an open Ime of credit with a bank and can borrow at an annual rate of 12%. For simplification assume that all loans are made at the beginning of the month when a borrowing need is identified and repayments are made at the end of a month if there is enough cash to make the payment. Also, interest associated with a loan is only paid at the time when that loan is paid i.e. a loan is only paid if there is enough cash to pay off the whole loan, any interest associated with it and still have enough cash left over for the minimum cash balance.) 4. Prepare the Budgeted Income Statement based on the information given above. Label the budgets prepared in Steps 1-4 as budget scenario A 5. Repeat steps 2-4 for budget scenarios B and C using the following Desired Endmg Inventory assumptions: Ending Inventory 90% C 6. Write a brief analysis of the three inventory policies depicted in the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtamed from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advising the President of the company about the company's inventory policies. I our write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spelling are important 6. Write a brief analysis of the three inventory policies depicted m the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtained from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advismg the President of the company about the company's mventory policies. Your write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spellmg are important 567 Required: 1. Prepare a sales budget for January through March and for the Quarter in total. The selling price per unit is $50.00. Use five digits in the assigned Group ID number as basis for the data for budgeted sales in units. Budgeted sales are obtained by multiplying each number in the ID by 10,000. However, note that if your group's ID# contains the number 0 use 10 instead. For example, if the group ID # is 14607, the budgeted sales in units would be: December of the previous year 10,000 January 40,000 February 60,000 March 100,000 April 70,000 2. Prepare a purchases budget and the schedule for Disbursements for Purchases for January through March and for the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 50% of next month's projected sales. 3. Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $70,000.00, and this was the balance in the cash account on January 1. Past experience shows that 40% of sales are collected in the month of the sale, and 60% in the month following the sale. Selling cost is $12 per unit sold. Other expenses include $35,000 per month for rent $104,000 for advertising, and $76,000 per month for depreciation. All costs are paid in the current month except inventory purchases, which are paid in the month following the purchase (i.e. January purchases of inventory are paid in February). The company has an open line of credit with a bank and can borrow at an annual rate of 12%. For simplification assume that all loans are made at the beginning of the month when a borrowing need is identified and repayments are made at the end of a month if there is enough cash to make the payment. Also, interest associated with a loan is only paid at the time when that loan is paid i.e. a loan is only paid if there is enough cash to pay off the whole loan, any interest associated with it and still have enough cash left over for the minimum cash balance.) have enough cash left over for the mmmum cash balance.) 4. Prepare the Budgeted Income Statement based on the information given above Label the budgets prepared in Steps 1-4 as budget scenario Al 5. Repeat steps 2-4 for budget scenarios B and C using the following Desired Ending Inventory assumptions: Ending Inventory 90% 15% T C. 6. Write a brief analysis of the three inventory policies depicted in the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtained from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advising the President of the company about the company's inventory policies. Your write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spelling are important ! ! ! 1. Prepare a sales budget for January through March and for the Quarter m total. The selling price per mit is $50.00. Use five digits in the assigned Group ID number as basis for the data for budgeted sales m imits. Budgeted sales are obtamed by multiplymg each number m the D by 10,000. However, note that if your group's ID# contams the number Ouse 10 mstead For example, if the group ID# is 14607, the budgeted sales in uits would be December of the previous year10.000 January 40.000 February 60,000 Niarch 100.000 April 70,000 2. Prepare a purchases budget and the schedule for Disbursements for Purchases for January through March and for the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value quality ad on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 50% of next month's projected sales. 3. Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $70,000.00. and this was the balance in the cash account on January 1. Past experience shows that 40% of sales are collected in the month of the sale, and 60% in the month following the sale. Selling cost is $12 per unit sold. Other expenses include $35.000 per month for rent $10400 for advertising and $176 000 AG Tantanth H ALL and for the first quarter m total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competive and customers haghly valve quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory shouli equal 50% of next month's projected sales. 3. Prepare a cash budget for January through March and for the first quarter m total. The company maintams a mmmum cash balance of $70,000.00, and this was the balance the cash account on January 1. Past experience shows that 40% ofsales are collected in the month of the sale, and 60% in the month followmg the sale. Selling cost is $12 per unit sold. Other expenses include $35,000 per month for rent, $104,000 for advertising, and $76,000 per month for depreciation. All costs are paid m the current month except mventory purchases, which are paid m the month followmg the purchase (1.e. January purchases of mventory are paid in February). The company has an open Ime of credit with a bank and can borrow at an annual rate of 12%. For simplification assume that all loans are made at the beginning of the month when a borrowing need is identified and repayments are made at the end of a month if there is enough cash to make the payment. Also, interest associated with a loan is only paid at the time when that loan is paid i.e. a loan is only paid if there is enough cash to pay off the whole loan, any interest associated with it and still have enough cash left over for the minimum cash balance.) 4. Prepare the Budgeted Income Statement based on the information given above. Label the budgets prepared in Steps 1-4 as budget scenario A 5. Repeat steps 2-4 for budget scenarios B and C using the following Desired Endmg Inventory assumptions: Ending Inventory 90% C 6. Write a brief analysis of the three inventory policies depicted in the budget scenarios A, B and C and recommend a policy that the company should implement. Give reasons for your recommendation. Your write-up should be based on the results you obtamed from the analyses in steps 1-5 above. Assume that you are writing on behalf of a professional consultant advising the President of the company about the company's inventory policies. I our write-up should be in the form of a one-page Memo to the President of the company. Organization, grammar, and spelling are important