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plz h6lp- one problem with 3 requirements. The seiling pice of the company's product 15$20 per unt Management expects to colleci 75% of sales in

plz h6lp- one problem with 3 requirements.
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The seiling pice of the company's product 15$20 per unt Management expects to colleci 75% of sales in the quarter in which the sales are made, 20% in the following quarter and 5% of sales are expected to be uncollectible. The beginning balance of accounts receivable, oil of which is expected to be collected in the first quarter, is $72,400 The compony expects to start the first quarter with 2,420 unis in finished goods inventory Management desiresian ending finished goods inventory in each quarte equol to 20% of the next quorter's budgeted sales, The desired ending finished goods inventory for the fourth quarter is 2.620 units Required: 1. Calculate the estimated tales for each quorter of the fiscal year and for the year as a whole. 2 Caleulate the expected cabin colections for each quarter of the iscal year and for the year as a whole. 3 Calcuiate the required production in unts of finsthed goods for each quarter of the fiscal year and for the year as a whole Complete this question by entering your answers in the tabs belowi. Calculate the estimated fales for each quarter of the fiscal year and for the yeat as a whole The seluing price of the company's froduct is 520 per unit Management expects to collect 75% of sales in the quarter in which the sales are made, 20% in the following quartet, and 5% of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $72,400 The company expects to start the first quarter with 2,420 units in finished goods. Itventory Management desires an ending finished goods ifventory in edch quaner equal to 20s of the next quarters budgeted sales. The desired ending fintshed goods inventory for the fourth quartef is 2.520 unts Required: 1. Caculate the estmated sales for each quatter of the fircol year and for the year as a whole 2 Calculate the expected cosh collecuons for eocr quarter of the fiscol year and for the year as a while. 3. Calculote the tequied pioduction in unts of tintshed goodi, for each quarter of the fiscal year and for the yeor as a whole. Cempletn this question by entering vour answers in the tols below. Calculate the smected cach eciledions for each quarter of the fiscal year and for the vear as a whole. Exercise 8-14 (Algo) Soles and Production Budgets [LO8-2, LO8-3] The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year fall sales are on accoumi The selling ptice of the company's product is $20 per unit Management expects to collect 75% of sales in the quarter in which the sales are made, 20% in the following quarter, and 5% of sales are expected to be uncollecible. The beginning balance of accounts receivabie, all of which is expected to be collected in the first quarter, is $72.400 The company expects to start the first quanter with 2,420 units in finished goods inventory Management desires on ending fintshed goods tiventory in each quarter equal to 20% of the next quarter's budgeted coles. The desired ending finished goods inventory for the fourth quarter is 2.620 units. Required: 1. Calculate the estmated sales for each quarter of the fiscal year and for the year as a whiole. 2. Calculate the expected cash collections for each quarer of the fircal year and for the year as a whole. 3 Calculate the required production in units of finshed goods for each quarter of the fiscal year and for the year as a whole Complate this question by entering your answers in the tabs below. Calculate the requred production in unts of finished gooda for each quarter of the fiscal year and for the year as a whole

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