Please help me do the following Managerial Accounting Assigemnt .

1. a. You are told that for the next four months these are your Budgeted sales:

• January 10,000 units
• February 15,000 units
• March, 13,000 units
• April 20,000 units you will only need this to find out how much Ending Inventory you will need to have in March (only needed in the production Budget).

The selling price per unit is $15 this is constant for all months.

Prepare the sales Budget for the first Quarter of the year (1pt)

b. You are told that the collection pattern is 25% of the sale will be collected in the same month and 75% will be collected in the next month. You have an account receivable amount equal to $50,000. Prepare the Expected Cash collection Budget for the first quarter of the year.(1pt)

c. Assume that at the end of every month you need to have an ending inventory equal to 35% of the next months sales, on December 31^st you had ending inventory equal to 6,500 units. Prepare the production budget for the first quarter of the year.(1pt)

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Q2 -

1. KIMAMILA Inc. shows the following information regarding one of its products Hide N Sick for the month of January; The selling price is $279 per unit, the variable cost per unit is $109, and the total fixed expenses is $40,000. 300 units were sold during January. (2.5pts)

a. Compute the Net Operating Income for the month of January.

b. Compute the breakeven point in units.

c. Management wants to increase sales and feels this can be done by both, motivating the salespeople by providing them with an extra $5 per unit sold and increasing the advertising budget by $16,000 per month. Management believes that these actions will increase unit sales by 40 percent. Should these changes be made? Show your work and explain.

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Q3.

1. Amanda Enterprises has budgeted sales in units for the next four months as follows:

July	7,000 units
August	5,000 units
September	6,500 units

1. Prepare the sales budget for the company knowing that each unit is sold for $50. (1 pt)

2. Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory in the beginning of July was only 1,000 units, & the inventory on September 30 is expected to be equal to 1,300 units .

Prepare the production budget for each month of the third quarter (starting July, ending September) and for the quarter in total. (1 pt)

0. Each unit produced requires 0.40 direct labor-hours and direct labor-hour workers are paid $10 per hour. Construct the companys direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (1pt) ___________________________________________ Q4. Teena Inc. shows the following information regarding one of its products for the month of January; The selling price is $250 per unit, the (COGS)variable expenses per unit is $100, and the total fixed expenses is $30,000. 300 units were sold during January.

1. a. Prepare a contribution format income statement for the month of January. (1pt)

   b. Compute the breakeven point in units and in sales dollars (1 pt)

   c. Compute the companys margin of safety in dollars and in percentage(1pt)

   d. Management wants to increase sales and feels this can be done by increasing the advertising budget by $10,000 per month. Management believes that this action will increase the sales volume by 50 units. Will the companys net operating income increase? Should these changes be made? Show your work and explain (1pt) ______________________