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please help me Lakeside Components wishes to purchase parts in one month for sale in the next. On June 1, the company has 13.000 parts
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Lakeside Components wishes to purchase parts in one month for sale in the next. On June 1, the company has 13.000 parts in stock although sales for June are estimated to total 14,300 parts. Total sales of parts are expected to be 13.700 in July and 8.900 in August Parts are purchased at a wholesale price of $15. The supplier has a financing arrangement by which Lakeside Components pays 60 percent of the purchase price in the month when the parts are delivered and 50 percent in the following month Laketo purchased 14.000 parts in May. Required: a. Estimate purchases in units) for June and July b. Estimate the cash required to make purchases in June and July Complete this question by entering your answers in the tabs below. Required A Required B Estimate purchases (in units) for June and July June July Merchandise to be purchased in units (Required Required B > 3 3 DO Lakeside Components wishes to purchase parts in one month for sale in the next On Junet the company has 11.000 perts in hoc although sales for June are estimated to total 14.300 parts. Total sales of parts are expected to be 13.700 in July and 8900 in Ant Parts are purchased at a wholesale price of $15. The supplier has a financing arrangement by which Lakeside Components pays percent of the purchase price in the month when the parts are delivered and 50 percent in the following month Lakeside purchased 14,000 parts in May. Required: 6. Estimate purchases in units) for line and July b. Estimate the cash required to make purchases in June and July ek References Complete this question by entering your answers in the tabs below. Required A Required Estimate the cash required to make purchases in June and July Month of Payment June July Step by Step Solution
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