Search. 742% 10:19 PM Chapter 7 wo solutions Back 1. Sodor inca a manufacturer of toys Each man for Sis. Sodos estimated sales for the fear five months of the 2019 scale are a few Month Sales in Units wy 15.000 February 18.000 March 21.000 April May Prepare the sales budget for the first quarter 25.000 Sn . Sales Budget For the Quarter Ended March 31, 2019 January February March Period End When coming the budget the production agensists that extraory should be on hand care tre higher than budgeted. The production manager determined that of the following months budgeted should be sent for the extentory Ending at December 31, 2018 1000 units Prepare the production budget for the first quartet Sodor Inc Production Budget For the Quarter Ended March 11, 2019 January February Perled dach to train requires pounds of materials and each pound costs $0.50 Management budget for extra materials in the event that there is a shortage from Super Management would be the on of the following production needs in ending inventory each month Ending witory of Prepare the direct material hoidget and purchasing badiget to the first Sedar Inc Direct Material Purchases Budget For the Quarter Ended March 31, 2019 January February March Pried End Sodor Inc Purchasing Budget For the Quarter Ended March 31, 2019 January February March Period End Search. @742% 10:19 PM Chapter 7 wo solutions Back Sodor sales history indicates that of sales will be for cash and of wales will be on credit. Using the information from the sales budget the forecasted cash and credit sales can be determined Sedor Inc. Forecasted Cash Sales and Credit Sales For the Quarter Ended March 31, 2019 January February March Period End Sodor has reviewed post collection history and has determined that credit sales will be collected follow: 70 is collected in the month of sand is collected the following month. The total credit sales for the month of December 31, 2018 S125.000 Prepare the budgeted schedule of cash receipts for the first quarter Sedar Inc Schedule of Cash Recipes For the Quarter Ended March 1, 2010 January February March Period End Sodor will pay for one of purchases of material in the month the material is purchased and the maning in the following month The total dit purchases for the month of December 31, 2018 Prepare the budgeted schedule of cash rements to the testartet Sedar Inc Schedule of Cash Disbursements For the Quarter Ended March 31, 2019 January February March Period End Prepare a cash budget for their Assume the following 13 Sodor started the year with $20,000 in bar court and must maintain a minimum catalance of 550.000 the end of each month 23 Sodor has access to an openine of credit with the bank to borrow money needed to keep things simit ignore interestions on the bank boning. Alla bowing are taken in multiples of 1.000 33 Sadomaintains that they will repay debts as soon as posible with anyone ish that becomes Soder has budged the following for 2018 Payment for coating experie5105.000 mach month Depreciation expenses $5.400 mm Sodor will need to purchase machinery. The total cost of the machinery 10.000 foto will pay $100.000 inway and S. in February Gith dividend of 75.000 will be there is and March Sodor inc. Cash Budget For the Quarter Ended March 31, 2019 January February March Period End Search. 742% 10:19 PM Chapter 7 wo solutions Back 1. Sodor inca a manufacturer of toys Each man for Sis. Sodos estimated sales for the fear five months of the 2019 scale are a few Month Sales in Units wy 15.000 February 18.000 March 21.000 April May Prepare the sales budget for the first quarter 25.000 Sn . Sales Budget For the Quarter Ended March 31, 2019 January February March Period End When coming the budget the production agensists that extraory should be on hand care tre higher than budgeted. The production manager determined that of the following months budgeted should be sent for the extentory Ending at December 31, 2018 1000 units Prepare the production budget for the first quartet Sodor Inc Production Budget For the Quarter Ended March 11, 2019 January February Perled dach to train requires pounds of materials and each pound costs $0.50 Management budget for extra materials in the event that there is a shortage from Super Management would be the on of the following production needs in ending inventory each month Ending witory of Prepare the direct material hoidget and purchasing badiget to the first Sedar Inc Direct Material Purchases Budget For the Quarter Ended March 31, 2019 January February March Pried End Sodor Inc Purchasing Budget For the Quarter Ended March 31, 2019 January February March Period End Search. @742% 10:19 PM Chapter 7 wo solutions Back Sodor sales history indicates that of sales will be for cash and of wales will be on credit. Using the information from the sales budget the forecasted cash and credit sales can be determined Sedor Inc. Forecasted Cash Sales and Credit Sales For the Quarter Ended March 31, 2019 January February March Period End Sodor has reviewed post collection history and has determined that credit sales will be collected follow: 70 is collected in the month of sand is collected the following month. The total credit sales for the month of December 31, 2018 S125.000 Prepare the budgeted schedule of cash receipts for the first quarter Sedar Inc Schedule of Cash Recipes For the Quarter Ended March 1, 2010 January February March Period End Sodor will pay for one of purchases of material in the month the material is purchased and the maning in the following month The total dit purchases for the month of December 31, 2018 Prepare the budgeted schedule of cash rements to the testartet Sedar Inc Schedule of Cash Disbursements For the Quarter Ended March 31, 2019 January February March Period End Prepare a cash budget for their Assume the following 13 Sodor started the year with $20,000 in bar court and must maintain a minimum catalance of 550.000 the end of each month 23 Sodor has access to an openine of credit with the bank to borrow money needed to keep things simit ignore interestions on the bank boning. Alla bowing are taken in multiples of 1.000 33 Sadomaintains that they will repay debts as soon as posible with anyone ish that becomes Soder has budged the following for 2018 Payment for coating experie5105.000 mach month Depreciation expenses $5.400 mm Sodor will need to purchase machinery. The total cost of the machinery 10.000 foto will pay $100.000 inway and S. in February Gith dividend of 75.000 will be there is and March Sodor inc. Cash Budget For the Quarter Ended March 31, 2019 January February March Period End