please please please upload only question 6. if you answer all the questions fine but i need entire 6 no question fully answered. i really need help for this question no. 6. it's a group project I have to do no 6. so please if you guys help me please

um Ucun esame pape) so long as they completely fit on that same page. Required: 1. Prepare a sales budget for January through March and for the Quarter in total. The sellig 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: 1 January December of the previous year 10,000 40,000 February 60,000 March 100,000 April 20,000 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, mterest 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.) Dhadin 1 2 3 TOT we must quiet Assume want me company tony euskone pot can be puse $35.00 per unit. The market for this product is very competitive and customers hghly valne 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 followmg the sale. Selling cost is $12 per unit sold. Other expenses include $35,000 per month for rent, $104,000 for advertismg, and $76,000 per month for depreciation. All costs are paid m the current month except inventory purchases, which are paid in the month following the purchase (i.e. January purchases of mventory 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 beginnmg of the month when a borrowmg need is identified and repayments are made at the end of a month if there is enough cash to make the payment. Also, mterest associated with a loan is only paid at the time when that loan is paid (1.e. a loan 15 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% 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 writmg on behalf of a professional consultant advising the President of the company about the company's iventory 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