Question 1 - HW Chapter 8 - Cor X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Felearning.uh.edu%252Fwebapps%252Fportal%252Fframes... HW Chapter 8 Saved Help Save & Exit Submit Check my work in the month following sale, and the remaining 20% are collected in the second month following sale. Bad debts are negligible and can be ignored. Prior years sales are as follows: November sales totaled $310,000, and December sales totaled $340,000. Required: 16.66 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the first quarter. points 2. What is the accounts receivable balance on March 31th? eBook Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 References What is the accounts receivable balance on March 31st? Total accounts receivable at March 31 Mc Graw Prey. 1 of 6 Next > Hill Type here to search O N 994 9 O ? 8:15 PM 4/16/2021Question 2 - HW Chapter 8 - Cor X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Felearning.uh.edu%252Fwebapps%252Fportal%252Fframes... HW Chapter 8 Saved Help Save & Exit Submit Check my work 2 Mississippi Marine Corporation specializes in fishing equipment and is located in Dubuque, lowa. The company's budgeted sales for the next four months of its spinning fishing pole follows: 16.66 Unit Sales points April 56,060 May 75,00 June 96,000 July 83,000 eBook Hint The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- Print month inventory levels must equal 10% of the following month's unit sales. The inventory at the end of March was 5,600 units. References Required: Prepare a production budget by month and in total, for the second quarter. Mississippi Marine Corporation Production Budget April May June Quarter Budgeted unit sales Total needs Required production in units Mc Graw Hill 8:15 PM Type here to search O N 994 O ? 4/16/2021Question 2 - HW Chapter 8 - Cor X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Felearning.uh.edu%252Fwebapps%252Fportal%252Fframes... HW Chapter 8 Saved Help Save & Exit Submit Check my work 2 May 75,000 June 96, 000 July 83,000 16.66 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- points month inventory levels must equal 10% of the following month's unit sales. The inventory at the end of March was 5,600 units. Required: eBook Prepare a production budget by month and in total, for the second quarter. Hint Mississippi Marine Corporation Print Production Budget References April May June Quarter Budgeted unit sales Tat manda Add: Desired units of ending finished goods inventory Add: Units of beginning finished goods inventory Less: Desired units of ending finished goods inventory Less: Units of beginning finished goods inventory Mc Graw Hill N 8:15 PM Type here to search O 994 9 0 ? 4/16/2021
