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pls solve asap Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each

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pls solve asap

Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year. These peak sales are shown in the following sales budget for the second quarter: From past experience, the company has learned that 25% of a month's sales are collected in the month of sale, another 65% are collected in the month following the sale, and the remaining 10% are collected in the second month following the sale. Bad debts are negligible and can be ignored. February sales totalled $380,000, and March sales totalled $360,000. Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a small company in western Siberia. (Siberia is located in Russia, whose currency is the ruble.) The cost of the musk oil is 150 rubles per gram. Budgeted production figures of Mink Caress follow by quarters for year 2 and for the first quarter of year 3 . Musk oil has become so popular as a perfume base that it has become necessary to carry large inventories as a precaution against. stock depletion. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 36,000 grams of musk oil will be on hand to start the first quarter of year 2. Required: Prepare a materials purchases budget for musk oil, by quarter and in total, for year 2 . At the bottom of your budget, show the amount of purchases in rubles for each quarter and for the year in total. (Input your cost of raw materials in thousands of rubles.)

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