QUESTION 1 Projected unit sales for Astor Corp. for the last quarter of 2019 are: October 10,000 November 15,000 December 20,000 Total 45,000 Finished goods inventory on September 30, 2019 was 3,000 units. Projected sales for January are 25,000 units. The sales price is $100 per unit. The company tries to keep ending finished goods inventory of 10% of the following months expected sales. a) Prepare a Sales Budget in units and dollars by month (October, November and December along with the 4th quarter total). b) Prepare a Purchases Budget in units for each month (October, November and December along with the 4th quarter total). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TABLE TBODY TR TD 54 WORDS POWERED BY TINY 15 points QUESTION 2 Calista Gardens has gathered the following information regarding their cash collections of sales: 80% of the sales are collected in cash in the month of the sale. 20% are collected in the first month after the sale. Accounts receivable at the end of 2018 was $10,000 Sales for the first 3 months of 2019 are as follows: January 35,000 February 25,000 March 50,000 Total 110,000 Prepare a monthly schedule of cash collections for Calista Gardens for January, February and March for the first quarter of 2019. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). P 0 WORDS POWERED BY TINY 15 points QUESTION 3 Below is a projected income statement for the coming month (Based on selling 30,000 units) Dollars Per unit Sales revenue $600,000 $600,000/30,000 units = $20.00 Variable cost of goods sold (225,000) $225,000/30,000 units = $7.50 Variable marketing costs (150,000) $150,000/30,000 units = $5.00 Contribution margin 225,000 $225,000/30,000 units = $7.50 Fixed cost of goods sold (135,000) Fixed marketing costs ( 60,000) Operating Income $ 30,000 The company has a special (one-time) order for 5,000 units to be purchased at a sales price of $11 per unit. Should they sell these 5,000 units for $11? In addition, no marketing costs will be necessary for the 5,000 one-time-only special order. YOU MUST SHOW YOUR CALCULATONS TO SUPPORT YOUR ANSWER. PLEASE INDICATE EITHER THE INCREMENTAL PROFIT TO BE MADE IF YOU ACCEPT THIS ORDER or THE LOSS THAT WOULD BE INCURRED SUPPORTING THE DECISION TO NOT ACCEPT THIS ORDER.