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please help with f-h, show how you solved answers with formulas if possible, thank you! () Prepare a selling and administrative budget. This is similar
please help with f-h, show how you solved answers with formulas if possible, thank you!
() Prepare a selling and administrative budget. This is similar to Illustration 22-11 in your textbook (g) Prepare a budgeted income statement. ( Round intermediate calculations to the nearest dollar.) This is similar to Illustration 22-15 in your textbook. (h) Prepare a cash budget. This is similar to Illustration 2219 in your textbook You will need to prepare schedules for expected collections from customers and expected payments to vendors first. See Illustrations 22-17 and 22-18 in your textbook for guidance. You will also need to prepare schedules to support your calculation of amounts borrowed, interest expense, and loan repayments. These should be well labeled and formatted so that I may follow your work. 15 Finished Goods inventory Planning 16 The company likes to keep 15% of the next quarter's unit sales in finished goods ending inventory. () Prepare a selling and administrative budget. This is similar to Illustration 22-11 in your textbook (g) Prepare a budgeted income statement. ( Round intermediate calculations to the nearest dollar.) This is similar to Illustration 22-15 in your textbook. (h) Prepare a cash budget. This is similar to Illustration 2219 in your textbook You will need to prepare schedules for expected collections from customers and expected payments to vendors first. See Illustrations 22-17 and 22-18 in your textbook for guidance. You will also need to prepare schedules to support your calculation of amounts borrowed, interest expense, and loan repayments. These should be well labeled and formatted so that I may follow your work. 15 Finished Goods inventory Planning 16 The company likes to keep 15% of the next quarter's unit sales in finished goods ending inventory Step by Step Solution
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