SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September, November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL. TO 25\% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS DIRECT MATERIALS MAINTAIN AND ENDING INVENTORY EQUAL. TO 30% OF NEXT MONTH PRODUCTION ACTUAL BEGINNING INVENTORY 9,000 POUNDS The cost of materials purchased in August were $210,000 REQUIREMENTS Each basketball requires 25 pounds of materials at a cost of $7 per pound. December production are projected to be 156,000 units. 90% of direct materials purchased are paid in cash and the remaining 10% are paid in the next month. CALCULATE THE BUDGETED ACCOUNTS PAYABLE FOR THE BALANCE SHEET ROUND YOUR ANSWER TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5\% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. 80% of sales are cash sales and the remaining 20% collected one month later, CALCULATE BUDGETED ACCOUNT RECEIVABLES IN THE BALANCE SHEET ROUND YOUR ANSWER TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS Respuesta: Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL. TO 25\% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS DIRECT MATERIALS MAINTAIN AND ENDING INVENTORY EQUAL. TO 30\% OF NEXT MONTH PRODUCTION ACTUAL BEGINNING INVENTORY 9,000 POUNDS MATERIALS REQUIREMENTS Each basketball requires .25 pounds of materials at a cost of $7 per pound. December production are projected to be 156,000 units: CALCULATE TOTAL MATERIALS REQUIREMENT FOR NOVEMBER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS REQUIREMENTS Each basketball requires 15 minutes of labor at a rate of $12.00 per hour CALCULATE LABOR NEEDED IN HOURS FOR SEPTEMBER DON'T USE COMMA SEPARATORS ROUND YOUR ANSWER TO ZERO DECIMAL PLACES SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September, October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICY FOR FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL. TO 25% OF NEXT MONTH SALES ACTUAL. BEGINNING INVENTORY 38,500 UNITS CALCULATE UNITS TO PRODUCE FOR NOVEMBER DON'T USE COMMA SEPARATORS SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September, November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL. TO 25\% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS DIRECT MATERIALS MAINTAIN AND ENDING INVENTORY EQUAL. TO 30% OF NEXT MONTH PRODUCTION ACTUAL BEGINNING INVENTORY 9,000 POUNDS The cost of materials purchased in August were $210,000 REQUIREMENTS Each basketball requires 25 pounds of materials at a cost of $7 per pound. December production are projected to be 156,000 units. 90% of direct materials purchased are paid in cash and the remaining 10% are paid in the next month. CALCULATE THE BUDGETED ACCOUNTS PAYABLE FOR THE BALANCE SHEET ROUND YOUR ANSWER TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5\% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. 80% of sales are cash sales and the remaining 20% collected one month later, CALCULATE BUDGETED ACCOUNT RECEIVABLES IN THE BALANCE SHEET ROUND YOUR ANSWER TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS Respuesta: Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL. TO 25\% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS DIRECT MATERIALS MAINTAIN AND ENDING INVENTORY EQUAL. TO 30\% OF NEXT MONTH PRODUCTION ACTUAL BEGINNING INVENTORY 9,000 POUNDS MATERIALS REQUIREMENTS Each basketball requires .25 pounds of materials at a cost of $7 per pound. December production are projected to be 156,000 units: CALCULATE TOTAL MATERIALS REQUIREMENT FOR NOVEMBER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS REQUIREMENTS Each basketball requires 15 minutes of labor at a rate of $12.00 per hour CALCULATE LABOR NEEDED IN HOURS FOR SEPTEMBER DON'T USE COMMA SEPARATORS ROUND YOUR ANSWER TO ZERO DECIMAL PLACES SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September, October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICY FOR FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL. TO 25% OF NEXT MONTH SALES ACTUAL. BEGINNING INVENTORY 38,500 UNITS CALCULATE UNITS TO PRODUCE FOR NOVEMBER DON'T USE COMMA SEPARATORS